Records Retention/Submission Frequency Due Date/s (public schools) Per onsite record retention Monthly n/a policy. Financial statement records Annually cumulative (non-public schools) Indirect Cost SFAs must maintain documentation of the approved indirect cost rate, the makeup of the indirect cost base and documentation of how the rate is applied when indirect cost is collected.
Records (public schools) Financial statement records (non-public schools) Retention/Submission Per onsite record retention policy. Frequency Monthly Annually cumulative Due Date/s n/a Indirect Cost SFAs must maintain documentation of the approved indirect cost rate, the makeup of the indirect cost base and documentation of how the rate is applied when indirect cost is collected.
SCN%20Record%20Keeping%20Handout.docx