Records Management

Retention and Disposition Schedules

Financial and Payroll Records

DAILY CYCLES

Official Copy: Financial Services Division

This series consists of the daily financial transactions of the University collected by the financial records system.

The daily cycles, which are copied to microfiche at the end of each month and transferred to the Archives, form the basis for all financial records system reports and statements. (See Transaction History Files).

This series is maintained electronically by the Financial Services Division and is retained permanently on microfiche by the Archives.

Retention and Disposition:

Official Copy:

Retention: Not maintained as a separate record;
Disposition: Transfer original microfiche copy to Archives at time of creation.

Other Copies:

Retention: 7 years
Disposition: Destroy
U of S File Classification: 200-299 - Financial Records.

Approved: 13 June 1996