A RECORD is either a document or data that cannot be changed, it represents a finite point, and it is permanent and historical. e.g. a training record, a completed questionnaire, a completed and closed off contract, a completed project, a paid invoice, etc.
PROCESSES, PROCEDURES and DOCUMENTS are information that is changing and/or changeable while remaining under a control mechanism that allows for traceability; e.g. A documented process or procedure can be changed and updated as necessary but should have a form of document control such as date or revision status that shows the changes that have occurred. A contract is a live document until the contract is completed. While the contract is ongoing it can be amended as long as the amendments are traceable. Once it is completed and signed it becomes a Record. A blank template is a document and is in effect the master. Once it has information in it, it becomes a document until such time as the form (or template) is completed and then it becomes a record.