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Records can be divided into two categories: 1) Official, and 2) Transitory/Convenience. Official records are: records having the legally recognized and judicially enforceable quality of establishing some fact, policy, or institutional position or decision.
Types of Records I. Administrative Records. Records which pertain to the origin, development, activities, and accomplishments of the agency. II. Legal Records. III. Fiscal Records. IV. Historical Records. V. Research Records. VI. Electronic Records.
5 Steps to an Effective Records Management Program Step 1: Set-up a Records Retention Schedule. Step 2: Policies and Procedures. Step 3: Accessibility, Indexing, and Storage. Step 4: Compliance Auditing. Step 5: Disposal of Obsolete Records.
Records can be divided into two categories: 1) Official, and 2) Transitory/Convenience. Official records are: records having the legally recognized and judicially enforceable quality of establishing some fact, policy, or institutional position or decision.
Types of Records I. Administrative Records. Records which pertain to the origin, development, activities, and accomplishments of the agency. II. Legal Records. III. Fiscal Records. IV. Historical Records. V. Research Records. VI. Electronic Records.
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The following are some of the types of records you should keep: Canceled checks or other documents reflecting proof of payment/electronic funds transferred. Cash register tape receipts. Credit card receipts and statements. Invoices.
Understanding these phases and implementing proper processes for each is essential for any organization that needs to manage records and documents effectively. The five phases of the records life cycle are creation, maintenance and use, final disposition, storage, and security.

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