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Financial Planning / Tax Strategies


Subject:  Records Retention / Business Date:  9/20/2011  3:40 PM
Author:  wrjohnston91283 Number:  114011 of 127753

Quick question regarding retention of records.

How long should I keep coupons that I've issued to customers, and they redeem?

I have my daily sales records, showing my gross sales, less total discounts/coupons and my days net sales. I reconcile my coupons daily to ensure that the redemptions per the POS matches the physical count.

But how long should I be retaining the physical coupons customers bring into the store?

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