Financial

Monthly closing procedures
Objective The objective of the monthly close is to ensure that all transactions are correctly distributed so that it is easier to measure progress vs. budg...
Mon, 15 Aug, 2022 at 1:58 PM
Daily Check deposit procedures - incoming checks (needs updating)
Checks that arrive in the mail may be for payment of member dues, partner royalties, classified and/or print advertisements, event-related reimbursements ...
Mon, 15 Aug, 2022 at 2:01 PM
Filing Financial Documents
These are filing protocols All current year documents are kept in the fake wood cabinet under the big silve company logo. Document     Location     What...
Mon, 15 Aug, 2022 at 2:42 PM
Invoicing Procedures and Policies
Very important note Never create an invoice in Word or similar. All invoices must be generated in NoviAMS This provides complete tracking from invoic...
Mon, 15 Aug, 2022 at 2:31 PM
Coding invoices, deposits etc
Before invoices are passed to 25th Hour for payment, they need to be marked with the correct code. Similarly any checks deposited that do not correspond...
Mon, 15 Aug, 2022 at 2:30 PM
Monthly Bank Reconciliations - Review by Treasurer
The Auditors recommend that the Treasurer is able to review key financial documents monthly. These include: Monthly bank and investment statements The reco...
Mon, 15 Aug, 2022 at 2:07 PM
Sending monthly statements to 25th hour dropbox
From 25th Hour: Bank Statements Instead of creating a new folder each month, you will see folders for each account that I need to reconcile. Citizens b...
Fri, 31 Aug, 2018 at 10:42 AM
Monthly Financial Reports to Regions
Every month we should send reports to regions of financial activity on their account. Step1: Confirm that 25th Hour have reconciled the month to be repo...
Mon, 15 Aug, 2022 at 2:26 PM
Payroll Processing
Payroll is processed through Gusto and they set specific dates for the payroll cycle. Payroll is run ever two weeks and requires manual entry by the Execut...
Mon, 15 Aug, 2022 at 2:28 PM
W-9 (w9) and 1099s
This article outlines what W-9 forms are, why we need them, and which forms to use. We are required to report to the IRS any payment we make to an indep...
Fri, 7 Dec, 2018 at 10:43 AM