S.C. Code Regs. 12-806.16. Non-Automated General and Subsidiary Ledgers (Permanent)

A. Description: General and subsidiary ledgers including chart of accounts which provide final year-to-date summary accounting data and a permanent audit trail for all fiscal receipt and disbursement transactions affecting any and all the institution’s funds and accounts, including receipts and expenditures from all revenue sources, both public and private. B. Retention: (1) Office: 3 years. Microfilm Optional. (2) College or University Archives: Permanent.