Recordkeeping

Recordkeeping involves systematically organizing and maintaining important information and documents related to activities, transactions, or operations. It ensures accuracy, accountability, and easy retrieval of data when needed, supporting decision-making, compliance, and historical reference. Effective recordkeeping can include digital or paper records, such as contracts, financial statements, or correspondence. Proper practices help organizations and individuals stay organized, meet legal requirements, and protect valuable information over time. Ultimately, it’s about preserving a reliable trail of information to support ongoing activities and future needs.