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  Managing Your Unit Finances


MANAGING YOUR UNIT'S BUDGET

Suggestions on Unit Bank Accounts
and Unit Leader Petty Cash

Your Unit's account at TAC

UNIT FUNDRAISING OPPORTUNITEIS 

Year-Round Popcorn Sales

Fall Bowl-a-thon

Before you start  your own fund-raising project,
submit the Unit Money Earning Application 

OTHER UNIT FINANCIAL ISSUES

How Local Councils (including TAC) are funded?

Insurance coverage provided by or through the Transatlantic Council

What happens to money of a unit
that does not recharter?

Unit Bank Accounts and Petty Cash

It is recommended that unit funds be placed in a checking account in a local bank. The account should require two signatures on each check.

Unit leaders and den leaders will need a number of miscellaneous articles for the unit or den from time to time. The unit treasurer should guard these leaders from the tendency to pay small bills out of their own pocket. A petty cash account in the amount of $10 or $20 should be established for them. When they have used most of this fund, they should account for these expenses with receipts and be given a new cash advance. This procedure eliminates a great deal of wasted motion. Larger bills are paid by the treasurer on recommendation of the unit leader with approval of the unit committee at a regularly scheduled committee meeting.


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