The article examines the development of records schedules in Iceland which were previously used when archiving paper records, and their new role. The use of records schedules in electronic records management, and mixed paper/electronic records management, is described. Attention is drawn to the varied information available in the new type of records schedule. The emphasis is not only on the appraisal of records, but also on access restrictions, format (paper or digital), and the metadata which accompany the records into the future. Emphasis is also placed on the importance of the new style of records schedule as a management tool for archives, an information source when using digital archives in the future, and in allowing the successful mixing of digital and paper archives.