The aim of this study was to examine the effect of record keeping on organizational performance under the guidance of a descriptive research design with a population of 76 respondents. The study aimed at determining the effect of; keeping financial record on organizational productivity, keeping administrative records on business decision making and record keeping on financing and managing business resources and capital. It was observed that all respondents 76 (100%) agreed that administrative records support openness and transparence, 68 (89.4%) of the respondents agreed that administrative records support quality program and services among employees while 2 (2.6%) of the respondents were not sure however 6 (8%) disagreed with the statement and when respondents were asked if administrative records inform decision making and help meet organizational goals, more than half 51 (67.1%) agreed with the statement, 11 (14.5%) were not sure with the statement while 14 (18.4%) disagreed with the statement. It was concluded that with better record keeping system, the management is informed of the past financial experiences, make informed decisions and make vulnerable plans for future investments. If the business cannot combat the ill effects of poor record keeping on its success, such businesses will surely diminish.