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Wednesday, July 23, 2008, 4:11 pm
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Records Retention Schedule

Records Retention Schedule
Bank Reconciliations1 Year
Routine Correspondence With Customers Or Vendors1 Year
Depreciation Schedules1 Year
Duplicate Deposit Slips1 Year
Magnetic Tape And Tab Cards1 Year
Purchase Orders1 Year
Receiving Sheets1 Year
Requistions1 Year
Stenographers Notebooks1 Year
Bank Statements3 Years
Employment Applications3 Years
Expired Insurance Policies3 Years
Internal Audit Reports3 Years
Miscellaneous Internal Reports3 Years
Petty Cash Vouchers3 Years
Physical Inventory Tags3 Years
Sales Commission Reports3 Years
Accident Reports/Claims - Settled Cases7 Years
Accounts Payable And Receivable Ledgers And Schedules7 Years
Canceled Checks7 Years
Contracts, Mortgages, Notes And Leases - Expired7 Years
Garnishments7 Years
Inventories Of Products, Materials, And Supplies7 Years
Invoices To Customers From Vendors7 Years
Payroll Records And Summaries7 Years
Personnel Files - Terminated7 Years
Purchase Orders7 Years
Cancelled Stock And Bond Certificates7 Years
Audit ReportsPermanently
Capital Stock And Bond RecordsPermanently
Cash BooksPermanently
Cancelled Checks For Important Payments, I.E. Taxes, Purchase Of Property, Special Contracts Permanently
Legal CorrespondencePermanently
Deeds, Mortages And Bills Of SalePermanently
Year-End Financial StatementsPermanently
Insurance Records Current Accident Reports, Claims, PoliciesPermanently
JournalsPermanently
Minute Books Of Directors, Stockholders, By-Laws And CharterPermanently
Patents And Related PapersPermanently
Retirement And Pension RecordsPermanently

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