Personal Development for Smart People^TM Forums

elai · 01-29-2008, 03:11 AM

What exactly is necessary to keep in original paper form vs. just a scanned copy where the original is shredded? For how long do you have to keep these records? And bonus points if you know the requirements for Canada.

So far all I can think of are paper receipts/invoices for tax audits (and the time limit is around 7 years). Legal documents/contracts feel like they have to be, but I'm not sure.

ken nubo · 01-29-2008, 06:44 AM

elai, I keep the paper work in a safe place. (the original copy that is) If you ever dispose sensitive papers, be sure to burn them =)

MercuryLime · 01-30-2008, 02:20 AM

I wonder this too. I have been scanning in most of my paper posessions but I've kept my bank statements and other "official" stuff. I'd get rid of it if I knew I could.

01-29-2008, 03:11 AM	#1 (permalink)
elai Member Join Date: Nov 2006 Posts: 50	Mandatory Paper Records? What exactly is necessary to keep in original paper form vs. just a scanned copy where the original is shredded? For how long do you have to keep these records? And bonus points if you know the requirements for Canada. So far all I can think of are paper receipts/invoices for tax audits (and the time limit is around 7 years). Legal documents/contracts feel like they have to be, but I'm not sure.

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01-29-2008, 06:44 AM	#2 (permalink)
ken nubo Senior Member Join Date: Apr 2007 Posts: 500	elai, I keep the paper work in a safe place. (the original copy that is) If you ever dispose sensitive papers, be sure to burn them =)

01-30-2008, 02:20 AM	#3 (permalink)
MercuryLime Member Join Date: Nov 2006 Posts: 41	I wonder this too. I have been scanning in most of my paper posessions but I've kept my bank statements and other "official" stuff. I'd get rid of it if I knew I could.

Personal Development for Smart PeopleTM Forums

Personal Development for Smart People^TM Forums