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What is recordkeeping?

What is recordkeeping? Here are some definitions.

Noun
  1. The creation, collection and management of records, especially of a business or governmental nature
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Examples
We are required by law to collect personal information about the purchaser for client identification and recordkeeping purposes.
The regulations also address recordkeeping and the certification of reactor operators.
If the plan is mandatory, it makes recordkeeping easier and general administration somewhat less costly.
The answer to these questions, and to having a successful recordkeeping program, is a records retention schedule.
It's an innovative crop recordkeeping and planning system that gives you access to all of your crop production data.
How do we integrate personal recordkeeping into our normal focus on organizational systems?

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