S.C. Code Regs. § § 12-902.2

Current through Register Vol. 48, No. 11, November 22, 2024

Section 12-902.2 - Chart of Accounts

A. Description: Format created by the Department of Education and sent to the school district for the purpose of providing a cost accounting system to satisfy legal and stewardship requirements connected with handling public funds. Information includes balance sheet accounts, revenue accounts and expenditure accounts. This information is retained permanently in the Superintendent's Ledgers as accounting code data to access ledger information.

B. Retention: 5 years, then destroy.

S.C. Code Regs. § 12-902.2

Added by State Register Volume 18, Issue No. 6, eff June 24, 1994.