How to implement a policy for purging documents from Kuali Financial System (KFS)?

Question

Is it possible to logically remove documents based on a date?

Currently the Kuali Financial System does not have a built in mechanism for purging or archiving documents. They all remain in their respective tables once created, including attachments in either the file system or in the database.

If any institutions implemented this, how was it implemented from a technical and policy standpoint?

If there are pros and cons with your specific technical/policy approach please include them in your response. One thing that I know differs from institution to institution is whether attachments are stored in file system or database, so if your solution assumes one or the other please include that.