paying all bills
collecting membership dues- and notifying those with outstanding invoices
Forwarding levies/payments to the League or Provincial association
ß Preparing regular financial statements
ß Arranging through the Board to appoint auditors for financial statements at year end
The attributes of a competent Treasurer are:
ß Well organised
ß Good record keeper
ß Ability to handle money and cheques
ß Integrity
The General Account is used by the club for most of its financial operations. It is from this account
that most of the expenses are paid and revenue is entered. The Trust Account or Trust funds may be
structured as Saving Accounts or used to find special projects or events.
The club’s revenue usually comes from membership dues. Some clubs are able to receive grants
from within the community or the local government. Fundraising events and sponsorship can
contribute to the club’s revenue. It may not be required in every instance to provide a receipt for
revenue received, however it is worth keeping a duplicate receipt book in case a receipt is required