End of Year Record Retention Guide

End of Year Record Retention Guide
Getting ready to store your financial records for 2010?
Here's a handy guide to help you decide what to keep and what to toss.
Record Retention Guide
Type of Record
Retention Period
Bank Statements
7 Years
Business Licenses
Until Expired
Cash Register Tapes
3 Years
Check Registers
Keep Permanently
Canceled Checks
3 Years
Deeds, Titles, Title Insurance
Length You Own the Property
Financial Statements
Keep Permanently
General Ledger
Keep Permanently
Inventory Records
7 Years
Invoices/Bills - Accounts Payable
3 Years
Invoices - Accounts Receivable
3 Years
Phone/Utility Bills
3-6 Years
Property, Plant & Equipment Records
Keep Permanently
Purchase Orders
3 Years
Receiving Reports
3 Years
Tax Returns & Related Backup
10 Years Minimum
Time Cards or Tickets
3 Years
Travel Expense Records
7 Years

 
Got a QuickBooks Mess?
Call The QuickBooks Gal!
775-348-9225
Point of Sale?  Enterprise Solutions?
Call Northern Nevada's only Intuit Solution Provider!
Sales, Support, & Training

775-348-9200
qbdoc@qbdoc.com

www.qbdoc.com


Intuit Solution Provider 
The QuickBooks GalIntuit Solutions Showcase
Custom Business Solutions
1755 E Plumb Lane, Ste 101
Reno, NV 89502
775-348-9225
jayne@qbgal.com
visit our blog:  blog.qbgal.com 

Peachtree AccountCare Partner, One-Write Plus Conversion

Popular posts from this blog

How to "Un" Apply Credits In QuickBooks

Employee Salary/Wage Rate Report

Qbb, Qbm, Qbx, or Qbw - What's the Difference?