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Subject:	Retention of time sheets
From:	Lorinda Kasten-Lowerre <[log in to unmask]>
Reply To:	Records Management Program <[log in to unmask]>
Date:	Wed, 9 Aug 2006 09:17:46 -0700
Content-Type:	text/plain
Parts/Attachments:	text/plain (20 lines)

Hi,
Our retention schedule cites 26 CFR 31.6001.1, which is the IRS retention
for tax returns, and the time records are kept 10 years from the current
year.  I believe the rationale for the longer retention is because American
Honda Motor Co., Inc. is audited annually about 7 years from the year we
filed and because timecards are the original record that show deductions.
Thanks for making me look.

Lorinda Kasten-Lowerre
Records Management Analyst, Senior
American Honda Motor Co., Inc.
Torrance, California, USA
Member - The Orange County Chapter of ARMA International
[log in to unmask]
<Check out Orange County California ARMA's website at ocarma.org
Diane Carlisle, CRM - "RM's own the rules; IT owns the tools".

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