top of page

How to Create a Records Retention Schedule

Updated: Aug 29, 2023

Streamlined Data Management: Say Goodbye to Data Frustration Once and for All

Creating a records retention schedule is critical in managing your business records. A retention schedule is a document that outlines how long you need to keep records and when it is safe to dispose of them. Here are some steps to help you create a records retention schedule:

  1. Identify any legal requirements: First, you need to understand your legal obligations. Depending on your industry and location, there may be specific regulations that dictate how long you must keep certain records. Research the relevant laws and regulations that apply to your organization.

  2. Inventory your records: Next, you need to take stock of all the records your organization creates and receives. This includes both physical and electronic records. Categorize your records by type, such as financial records, employee records, customer records, etc.

  3. Determine retention periods: Once you have identified your legal requirements and inventoried your records, you can determine how long you need to keep each type of record. Retention periods can vary widely depending on the type of record and the legal requirements that apply.

  4. Create a retention schedule: Finally, use the information you have gathered to create a retention schedule. This should be a document that outlines the retention periods for each type of record. Make sure the retention schedule is easily accessible to all relevant employees, and that it is updated as needed.

By following these steps, you can create a records retention schedule that helps ensure your organization is compliant with legal requirements while also managing records in an efficient and effective manner.

Need help creating a retention schedule for your business? Book a call with our data experts!

Recent Posts

See All


bottom of page