Keeping a ‘proper’ record of your finances plays a vital part in running any organisation. Most of the free support we provide comes from groups enquiring about how to do this. These type of enquiries cover a wide range of financial subjects including;
- setting up book-keeping systems for new groups
- improving existing financial systems
- putting in place Internal Financial Controls
- operating a petty cash system (and getting it to balance)
- what documents you should keep to back up financial transactions
- reconciling your bank account when the statement arrives
- choosing a bank account
- accounting for restricted funds
We’ve even developed our own free computerised bookkeeping software, specially designed for small volunary and community groups.