Then the ball is in their court if they want a Wednesday. As you can see, a lot of simplification is just using time wisely. Each year, cull files, especially for those who move or graduate. Get rid of anything that can't be replaced. If so, get rid of the hard copy.
Some authorities say it's ok to throw out tax returns after seven years.
I keep all of mine forever. I do pitch my checking statements and things like this after seven years. Preparing bank deposits can be a very time-consuming task. This task is when the buck stops. You have to dig around and find out who has not paid, who has paid the wrong amount, what this check is supposed to be for, and so on.