The Medical Center Archives only accepts records that should be kept permanently. Whereas some accounting records should be sent to the Medical Center Archives, many should not. You can determine how long you should keep accounting records by referring to Duke University’s GAP 200.240, Retention Period Of Accounting Documents.
According to this policy, “Minimum retention requirements for accounting documents are established as part of an effective internal control program to ensure the University can provide the documents requested by any federal, state and local agencies within the Statutes of Limitations. Other benefits include ensuring preservation of historical accounting documents, optimizing the use of space, minimizing the cost of document retention, and ensuring the proper destruction of outdated and useless documents.”