S.C. Code Regs. 12-605.4. General Ledgers

A. Description: One or more series of computer and non-computer generated financial ledgers providing final year-to-date summary accounting data and a permanent audit trail for all fiscal receipt and disbursement transactions affecting any and all municipal funds and accounts, including receipts and expenditures from all revenue sources, both public and private. For computer generated ledgers, this series includes annual accounting code data and computer system documentation needed to access accounting information. B. Retention: (1) Computer Generated Ledgers: Permanent. Microfilm. (2) Non-Computer Generated Ledgers: Permanent. Microfilm optional.