record keeping

Maintaining written accounts

Record keeping is the practice of maintaining systematic documentation—of transactions, events, decisions, or other information worth preserving.

Good record keeping enables accountability, supports memory, and satisfies legal or regulatory requirements.

The term appears in contexts from personal finance to medical practice: The IRS requires seven years of record keeping for tax purposes.

Also spelled recordkeeping or record-keeping.

Opposites
documentation practice

record keepingoff-the-books

Unrecorded for tax purposes

erasure · document shredding · oral tradition · handshake deals · covering tracks

information retention method

record keepingword of mouth

Information passed through conversation

hearsay · oral tradition · oral history · forgetting · amnesia

organizational behavior

record keepingdisorganization

Absence of systematic arrangement

negligence · unaccountability · lack of transparency · data destruction · chaos

Family

recordkeeping

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G