A record retention schedule template is a crucial document for professional field which describes time period of each record or document retained as an active record. This document provides legal reasons for retention of record to prevent from any type of obligation and also gives date of final destruction of the record. It is a great source for getting awareness about validity of record with essential information. As we all know, a record is retained on basis of its importance because it gives an effect on storage space. So, creating validity of record on record retention document is a unique way of acknowledge about its schedule of destruction or disposal. This document provides brief explanation about disposal of record through a systematic manner. This document gives important instructions which are helpful to know about the purposes of records. Many companies and organizations prepare a record retention schedule for creating all details about record and also for providing a time table of disposing any record.