The purpose of this study is to discuss ′records′ as core resources for knowledge management and to suggests the directions for developing integrated knowledge management systems based records management. This present paper begins with analyzing concept and structure of records in light of knowledge management, and identify the importance of records management in developing knowledge management systems by substituting evidence axis in Upward′s "Records Continuum Model" for knowledge management. And this study tries to identify critical aspects regarding transfer of records to knowledge system by analyzing the level of records. Based on these analyses, it suggests a directions for developing records based-knowledge management systems.