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- Retention_period abstract "The retention period of a document is an aspect of records management. It represents the period of time a document should be kept or "retained" both electronically and in paper format. At the termination of the retention period, the document is usually destroyed. The term is generally used by accountants and tax professionals whose occupation involves dealing with legal documents that only need to remain in existence for a certain amount of time. The retention period varies for different types of records. For example, business incorporation documents have a permanent retention period (meaning that they should be retained and never be destroyed), but receipts for tax-deductible purchases by an individual taxpayer usually have a three-year retention period (and can often be safely discarded after that point.) The length of the retention period vary by industry and are based on the likelihood that the document will be needed at some point in the future for litigation reasons. Records that will serve no further purpose (as determined by the length of their retention period) are destroyed for space issues, usually by paper shredders. Document retention periods also differ by country as well as by document type.Organizations such as ARMA (Association of Records Managers and Administrators) set standards for records retention periods.Retention requirements are also established for a variety of electronic records in industry-specific legislation (such as the Sarbanes-Oxley Act) and regulatory bodies (such as the Federal Energy Regulatory Commission) in the United States.".
- Retention_period wikiPageExternalLink retention-of-records.
- Retention_period wikiPageExternalLink www.arma.org.
- Retention_period wikiPageID "3544624".
- Retention_period wikiPageRevisionID "591962968".
- Retention_period hasPhotoCollection Retention_period.
- Retention_period subject Category:Data_management.
- Retention_period subject Category:Legal_documents.
- Retention_period subject Category:Taxation.
- Retention_period type Abstraction100002137.
- Retention_period type Communication100033020.
- Retention_period type Document106470073.
- Retention_period type LegalDocument106479665.
- Retention_period type LegalDocuments.
- Retention_period type Writing106362953.
- Retention_period type WrittenCommunication106349220.
- Retention_period comment "The retention period of a document is an aspect of records management. It represents the period of time a document should be kept or "retained" both electronically and in paper format. At the termination of the retention period, the document is usually destroyed. The term is generally used by accountants and tax professionals whose occupation involves dealing with legal documents that only need to remain in existence for a certain amount of time.".
- Retention_period label "Aufbewahrungsfrist".
- Retention_period label "Retention period".
- Retention_period sameAs Aufbewahrungsfrist.
- Retention_period sameAs m.09kmc7.
- Retention_period sameAs Q759540.
- Retention_period sameAs Q759540.
- Retention_period sameAs Retention_period.
- Retention_period wasDerivedFrom Retention_period?oldid=591962968.
- Retention_period isPrimaryTopicOf Retention_period.