In the first article in this series, I offered some recommendations on being prepared financially through creating and following an annual unit budget. In this post, we’ll look at some banking best practices for your troop or pack.
Let me first say that I am not a lawyer or a CPA. The points that follow are gathered from reliable past practices as well as my understanding from folks who do know better. As always, check with your own people if you’d like definitive advice that applies to you (it’ll probably cost you, though).
Continue reading “Financial practices for units: Bank accounts”