An internet addict. Depends on who issued it - for an exact date, contact the issuing agency. Red Cross CPR certifications last for 2 years and American Heart Association certifications last for 2 years. Regardless how long the certification is good for, certain standards like NFPA require it annually. Be sure to check your company policy. Best case practice yearly in regards to OSHA training requirements (BBP).
Bank and Cash Records. The Better Business Bureau recommends holding onto bank statements for three years, and Bankrate suggests storing them for at least seven years. Records of bank reconciliation reports need be maintained for only two or three years, and duplicate bank deposit slips should be held for three years.
Understand your result. The result of 40 indicates that the average accounts receivable collection period is 40 days. This means that the business owner can expect a credit sale to be paid by the customer within 40 days. This can help them plan for how much cash they need to have on hand for expenses and bills.