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Societies Finances.

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Presentation on theme: "Societies Finances."— Presentation transcript:

1 Societies Finances

2 All Grant Money must be spent by the 1st July!
Society Grants All Grant Money must be spent by the 1st July! Grant allocations will be opened again before the end of this academic year.

3 Key Money Rules A Society member cannot be a paid instructor.
All external instructors need to fill in a time sheet and will be paid by BACS or an invoice with a UTR. They must also have completed a Societies Coaching Contract. Please do not directly pay invoices and claim them back in case there is a problem with the invoice.

4 IF YOU AREN’T SURE – COME AND ASK!!!!!
Key Money Rules IF YOU AREN’T SURE – COME AND ASK!!!!!

5 DOWNLOAD EXCHEQUER 365 Top Tips for Managing your Accounts
Keep things organised Put bank details online Keep VAT receipts for everything Fill in the Red Book (treasurer log) as you go – You should know what is in your account at all times DOWNLOAD EXCHEQUER 365

6 Any Questions? Exceptional Society Treasurer Good Society Treasurer
Poor Society Treasurer

7 LSU’s brand new online banking system
Exchequer 365 LSU’s brand new online banking system

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