How Long Should You Keep Accounts Receivable? Accounting Records Retention Period Accounts payable7 years Accounts receivable 7 years Audit reports Permanent Chart of accounts Permanent What records need to be kept for 7 years? Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep
What Records Does A Company Need To Keep? Record all sales and other business income and retain the records, for example, invoices, bank statements and paying-in slips. Record all purchases and other business expenses as they arise and ensure, unless the amounts are very small that you keep invoices and receipts. What personal records should
Is It Safe To Throw Away Old Bank Statements? You may be ready to throw them out, but you’re not sure how. Is it safe to throw away old bank statements, or do you need to shred them first? According to the Federal Trade Commission, you should shred documents containing sensitive information, including bank statements,
What Companies Are Required To File With The SEC? Public companies, certain insiders, and broker-dealers are required to make regular SEC filings. Investors and financial professionals rely on these filings for information about companies they are evaluating for investment purposes. Many, but not all SEC filings are available online through the SEC’s EDGAR database. Do