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picture1_Financial Presentation Template 71775 | Satisfactory Financial Management Powerpoint


 161x       Filetype PPTX       File size 0.06 MB       Source: texaselks.org


File: Financial Presentation Template 71775 | Satisfactory Financial Management Powerpoint
overall it takes all the key parts of the lodge to control the finances of the lodge and have a good result these key parts are lodge secretary lodge treasurer ...

icon picture PPTX Filetype Power Point PPTX | Posted on 31 Aug 2022 | 3 years ago
Partial capture of text on file.
  OVERALL IT TAKES ALL THE KEY PARTS OF 
  THE LODGE TO CONTROL THE FINANCES OF 
  THE LODGE AND HAVE A GOOD RESULT.
  These Key Parts are:
   Lodge Secretary
   Lodge Treasurer
   Audit and Accounting Committee
   House Committee 
   Trustee/Board of Directors
       Lodge Secretary’s Financial 
               Responsible:
   Receive all money from the Lodge and the Club
   Reconcile deposit figures with your figures
   Keep an itemized log of all receipts
   Issue a receipt for the amount received to the 
    proper sources
   List receipts by Lodge Income and Club Income
   Receives all bills and must catalog them by 
    account for the Treasurer
   Vouchers for payment are written to ensure that 
    money being paid out comes from the correct 
    sources of budgeted items
   Vouchers need to record the correct code from the 
    Chart of Accounts
       Lodge Treasurer’s Financial 
              Responsible:
    Funds derived from Dining Room, Bar and Other 
    Services may be in separate budgets
   A Lodge has supreme authority to determine how 
    its funds shall be disbursed.
   Become familiar with Duties of the Auditing 
    Committee as they pertain to the Treasurer.
   Understand the requirements outlined in the 
    Auditing and Accounting Manual as they pertain 
    to the Treasurer.
       Lodge Treasurer’s Financial 
              Responsible:
    Maintain current data on all income and expenses.
   Reconcile all bank accounts monthly. Resolve and 
    clear all discrepancies to balance. 
   Remember to safeguard funds and deposit all 
    funds in a timely fashion.
   Finally and most important: Provide to the Board of 
    Directors a current monthly report of all Budgets, 
    Profit and Loss (P&L) Statement and a Balance 
    Sheet prior to their monthly meeting.
     Auditing & Accounting Committee 
            Financial Responsible:
  Auditing & Accounting Committee is appointed 
  by Exalted Ruler at the first regular session 
  after installation as By-Laws require. 
  NOTE:::
  No Lodge Secretary, Treasurer, Trustee/Board of Directors or any 
  member of the Supervising or Managing Body of the Club or 
  other facility established in connection with the Lodge shall 
  serve as a member of the Lodge Auditing & Accounting 
  Committee.
  Auditing & Accounting Committee should study the Lodge’s Financial 
  Report from the preceding year and consult with the Auditing & 
  Accounting Committee from the previous year to see that the 
  recommendations of the Accountant have been complied with or, at 
  least, evaluated. 
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...Overall it takes all the key parts of lodge to control finances and have a good result these are secretary treasurer audit accounting committee house trustee board directors s financial responsible receive money from club reconcile deposit figures with your keep an itemized log receipts issue receipt for amount received proper sources list by income receives bills must catalog them account vouchers payment written ensure that being paid out comes correct budgeted items need record code chart accounts funds derived dining room bar other services may be in separate budgets has supreme authority determine how its shall disbursed become familiar duties auditing as they pertain understand requirements outlined manual maintain current data on expenses bank monthly resolve clear discrepancies balance remember safeguard timely fashion finally most important provide report profit loss p l statement sheet prior their meeting is appointed exalted ruler at first regular session after installation ...

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