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Subjects>Business>Accounting

Financial data should be kept for how long?

Anonymous

∙ 16y ago

Updated: 9/14/2023

By law, in most states, it's seven years. This is due to the Statute of Limitations.

http://www.investorwords.com/4707/Statute_of_Limitations.html

Wiki User

∙ 16y ago

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How long do you keep small business acounting records in case of an audit?

All financial records for companies should be kept for at least 7 years.

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6 years is best...

How long should check stubs be kept?

for ever, you never know when you might need them!

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Employee time cards should be kept for at least two years. For employee leave and absences, records should be kept for at least three years.

How long should personal tax records be kept in Australia?

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Related Questions

How long do you keep small business acounting records in case of an audit?

All financial records for companies should be kept for at least 7 years.

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It depends on where you are. Heres a list of how long different records should be kept. I think this is in the UK

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Medical records should be kept for as long as required based on the type of record, and federal/state laws.

How long should a legal file be kept for after the matter has been settled where should it be stored and why should it be kept explain?

It should be kept for the life of the individuals involved in the legal matter, in a water and fireproof storage area. It should be kept because it may be needed.

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Hard boiled eggs should be kept in the fridge for up to one week.

How long should medical records be kept in Missouri?

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6 years is best...

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