How long must records related to invoices be kept by non-pharmacy outlets handling drugs?

The requirement to keep records related to invoices for a period of two years by non-pharmacy outlets handling drugs is based on regulatory guidelines which aim to ensure accountability and traceability in the handling of drugs. This two-year retention period allows for adequate oversight to comply with both federal regulations and state laws regarding controlled substances. It facilitates inspections and audits that may assess compliance with drug distribution practices, ensuring that all transactions can be traced accurately to prevent misuse or diversion.

Though other retention periods might apply to different types of records or entities, in the case of non-pharmacy outlets that manage drug inventories, the two-year timeframe strikes a balance between efficient record-keeping and regulatory requirements. This duration ensures that the necessary documents are available to authorities while also minimizing the burden of excessive paperwork for businesses.