Category: Treasurer Resources

Processing expenses

Processing expenses To add expense transactions to the ledger each month, start on the Banking tab Rent Wilson Associates is our landlord. Our rent is paid automatically through Bank of America. When the check clears, it appears on the Banking screen. When a charge appears from Wilson Associates for about $6,065: Click the transaction Ensure …

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How to account for fixed assets

What:  a guide to accounting for fixed assets ($500 or more) Recording Who: Treasurer Ensure receipt is stored and saved (Greenback for Amazon purchases, Expensify for everything else) Select appropriate account from list below: Creative Arts – any purchase for a program’s use Computer equipment – any computer/peripheral purchase not specifically for program use.  Furniture …

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How to report expenses (and get reimbursed)

What: This article explains the steps for reporting expenses and, when necessary, receiving reimbursements from Ace for approved purchases.  Who: Stewards, Directors, Officers, Members Why: If you make an approved purchase for Ace, it’s important that we recognize the expense of the purchase, and if needed, reimburse you for the purchase. Pre-Steps Set up an Expensify …

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