{"id":7224,"date":"2020-08-18T14:47:43","date_gmt":"2020-08-18T18:47:43","guid":{"rendered":"https:\/\/www1.specialolympicsontario.com\/resources\/?p=7224"},"modified":"2024-05-21T09:03:09","modified_gmt":"2024-05-21T13:03:09","slug":"financial-tracking-reporting","status":"publish","type":"post","link":"https:\/\/www1.specialolympicsontario.com\/resources\/financial-tracking-reporting\/","title":{"rendered":"Financial Tracking & Reporting"},"content":{"rendered":"

FINANCIAL TRACKING & REPORTING
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BOOKKEEPING
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There is no pre-set accounting software required to prepare a simple set of books for your club\/community account. A simple Spreadsheet or Journal is sufficient. Excel or Lotus can be used with the following headings:
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For Receipts:
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DATE, RECEIVED FROM, AMOUNT RECEIVED
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For Expenses:
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DATE, CHEQUE #, PAYEE NAME, CHEQUE AMOUNT, HST AMT, DESCRIPTION
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REPORTING
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The Treasurer must prepare a Quarterly report summarizing account activity 4 times a year. This can be in the form of a Balance Sheet and Income Statement or a simple Revenue (donations received) and Expense (cheques issued) Summary. The Treasurer must be prepared to present this report at the community\/club meetings and all reports must be forwarded on to the District Developer.
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FINANCIAL TRACKING & REPORTING \u00a0 BOOKKEEPING \u00a0 There is no pre-set accounting software required to prepare a simple set of books for your club\/community account. A simple Spreadsheet or Journal is sufficient. Excel or Lotus can be used with the following headings: \u00a0 For Receipts: DATE, RECEIVED FROM, AMOUNT RECEIVED \u00a0 For Expenses: DATE, CHEQUE #, PAYEE NAME, CHEQUE AMOUNT, … <\/p>\n

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