1. SF Bay Area Council (SFBAC) L50 Training Treasurer And Secretary Sachin Desai Santa Clara Valley Section 2013 Treasurer Mountain View, CA January 26 th, 2013

2. L50 IS A PROCESS TreasurerSecretary

3. Jan to Feb 70% Treasurer Jan to Feb 30% Secretary Year Long 50% Treasurer Year Long 50% Secretary Commitments

4. Chapter Financial Strategy Chapter Budget Responsibility Chapter L-50 Report Submission Treasurer’s Responsibilities MGA Operations Manual, Section 9 http://www.ieee.org/documents/section_09_10_november_2012.pdf

5. Chapter Meeting Minutes Chapter New Officer Report Chapter L31 Reports Secretary’s Responsibility MGA Operations Manual, Section 9 http://www.ieee.org/documents/section_09_10_november_2012.pdf

6. Treasurer Transition OUTGOING TREASURER File 2012 L50s by Feb 15 th, 2013 Transfer Records To New Treasurer Checks Check Register Banking Supplies CBRS Deposit Stamp CBRS Deposit Slips CBRS Deposit Envelopes Provide 1099/W9 To Section INCOMING TREASURER File CBRS Signatory Card with HQ Request 2013 Credit Card Plan and Get Yearly Budget Approved Ensure Two Signatories for Account Local account += Thomas Lynch

7. Deadlines Jan 18 th Jan 31 st Feb 15 th 1099 Forms Taxable Payments to Individuals for Service Bank Account Disclosure Form Non CBRS Accounts L50 Forms Delivered to Section Treasurer

8. So what is an L50 Process?

9. So what is an L50 Filing?

10. CBRS vs. Local Banks CBRS Makes Your Life Easier

11. L50EZ vs. L50 STD Do Any Of These Criteria Fit Your Chapter? Then you CANNOT use L50-EZ

12. Example L50-EZ

14. Common Account Codes SECTION WEB SITE ‘Chart Of Accounts File’

15. Year End Register Assign Expenses and Revenue to Account Codes

16. Balance Register Check Bank Register Against L50 Entries. If Balanced, You Are Done

17. Remember … WhatWhyHow IEEE Technical Meeting Member Attendees Used In Rebate Calculations Maintain Accurate Sign Up Sheets At Meetings 6 Technical Meetings Per Year Used In Bonus Calculations Greater The Chapter Activity, Greater The Benefit L31 EntriesTrack “Dead or Alive” Chapter Status – Less Than 2 Technical Meetings (3 Years In Row) Ensure Secretary Makes vTool Entries Timely L31 EntriesOnly Way For Section Treasurer To Calculate Aforementioned Rebates And Bonuses Ensure Secretary Makes vTool Entries

18. WebEx Sessions “Ask Your Section Treasurer” Monthly Online Conversations First Session Wednesday, 30 th 2013 sachin.desai@ieee.org

19. Q&A