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Records Retention - Essential Business Services | Northern VA | Accounting | Payroll | Quickbooks| Taxes
703-754-2601
Essential Business Services | Northern VA | Accounting | Payroll | Quickbooks| Taxes
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Accounting

Records Retention

Partnering with EBS means that we help you develop an accounting system that is reliable and user-friendly. Since we help with accounting, you will have access to the reports and feedback needed to market products, train employees, or simply grow your business. We provide “hands-on” support, training, and analysis acquired from years of experience in industry and non-profits

Success is simple. Do what’s right, the right way, at the right time. — Arnold Glascow

One of the questions we receive most often from clients relates to the length of time to retain financial records. Some digital and paper records must be kept permanently, while the timeline for keeping other records varies by document type. To complicate matters, some industries (such as healthcare) have additional parameters in place for specialized documents.

It’s important to utilize best practices in retaining required records. Permanent records should be kept in a safe deposit box or fire safe for added security. A systematic, annual review of all records and financial documentation is also recommended. If you have records that are no longer needed, be careful how you dispose of any documentation. With the prevalence of identity theft, the importance of shreading paper documentation and following security guidelines for the disposal of digital records cannot be overemphasized.

Our Records Retention Guide is designed to assist you in developing a records retention protocol for your business. Please keep in mind that it’s important to check with your accountant or lawyer if you have questions about specific documentation.

For additional information, download our Records Retention Guide by filling the form on the right now.

  • Business Resources
  • DCAA Compliant Accounting
  • QuickBooks Certified ProAdvisor in Northern VA
  • Records Retention
Records Retention Guide

Download our Free Records Retention Guide

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  • About
  • Services
    • Accounting
      • QuickBooks Certified ProAdvisor in Northern VA
      • DCAA Compliant Accounting
      • Records Retention
      • Business Resources
    • Tax
    • Payroll
    • Consulting
  • Testimonials
  • FAQs
  • Careers
  • Contact Us
  • Login

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Essential Business Services

Essential Business Services
14637 Lee Highway #103
Centreville, VA 20121

Tel: (703) 754-2601
Fax: (703) 782-1602
Email: info@ebservicesva.com

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