Records of the logging of transactions into the accounting journal.
Responsible Unit | Information Steward | Information Confidentiality Classification | Retention | Disposition | Authority | Version Information
Content & Scope
The records include manual journal entries for internal transfers between funds and supporting documentation.
Responsible Unit
- Finance.
- Other units as arranged with Finance.
Information Steward
Vice President, Administration & Finance.
Information Confidentiality Classification
Restricted.
Retention
7 years.
Disposition
Secure Destruction.
Note
Responsible Units should document the disposal/destruction of official records using the University records destruction form or equivalent documentation, to verify that we are following our records retention rules.
Authority
Income Tax Act, 1985, s. 230 (4) (b).
Retention Rationale
Income Tax Act, 1985, s. 230 (4) (b) specifies that records be kept for 6 years after the taxation year to which they relate.
Approval Date
14 April 2010