1 / 19

SFBAC L50 Training Treasurer and Secretary Responsibilities

Learn about the responsibilities of the SFBAC L50 Training Treasurer and Secretary, including financial strategy, budgeting, report submission, meeting minutes, and more.

goodg
Télécharger la présentation

SFBAC L50 Training Treasurer and Secretary Responsibilities

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

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

  2. L50 IS A PROCESS Treasurer Secretary

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

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

  5. Secretary’s Responsibility • Chapter Meeting Minutes • Chapter New Officer Report • Chapter L31 Reports 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 15th, 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 18th 1099 Forms Taxable Payments to Individuals for Service Jan 31st Bank Account Disclosure Form Non CBRS Accounts Feb 15th 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

  13. 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 …

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

  19. Q&A

More Related