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Showing posts with label Accounts Payable Ledgers and Schedules. Show all posts
Showing posts with label Accounts Payable Ledgers and Schedules. Show all posts

Monday, October 17, 2011

What are the business records and documents that need be to be kept for 6 Years?

The IRS has required that some business records and documents need to be kept for a minimum of 6 years. These are as follows;

-Accounts Payable Ledgers and Schedules
-Accounts Receivable Ledgers and Schedules
-Cancelled Checks
-Cancelled Stock and Bond Certificates
-Employment Tax Records
-Expense Analysis and Expense Distribution Schedules
-Expired Contracts, Leases

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