In our clubs by-laws we charge a $100 fee when a member withdraws from the club. We have been active for over two years and this is the first time we have had a partner withdraw. We have enough cash to pay out the member ...
The current economy has made it necessary to disband. We are a 10 year plus club--so it is rather sad. We had half the club quit in November and the 7 left were not happy. So we have sold all outr stock and are awaiting ...
A Good Credit Score is 700 or Above. See Yours in Just 2 Easy Steps! (http://pr.atwola.com/promoclk/100126575x1221322941x1201367178/aol?redir=http://www.freecreditreport.com/pm/default.aspx?sc=668072&hmpgID=115&bcd=Mayfooter51809NO115)
We have a club with 3 non-us persons and the IRS sent us a letter regarding a possible tax penalty. We filed the forms prepared by Bivio but it seems that we needed additional forms. How we should go about this since only had a ...
Hello, Let me describe my quandry and then I will ask the question. I am comparing my current payments (and the club's totals) 'Member Status Reports' to those of last summer. And I have looked at several, back about two years. So I am comparing ...
Good meeting last night all. Here is what we composed as our Mission. Learning by investing in international, national and local companies, we manage a portfolio to increase our financial literacy. Through regular monthly investing ($25 or $50) members accumulate ownership in the club's portfolio. ...
Thanks for everyone's input. And I certainly wouldn't go back and change anything prior to this year. Someone wrote that they didn't know why anyone (treasurer) would worry about when and how much someone paid. When you have only ten members and the minimum required ...
I am the treasurer of our club which is 14 years old and just learned that I am probably using this software incorrectly. Prior to 09, we used NAIC accounting software. We are a small club of ten ladies. The only expenses we have are ...
I am the original person who asked about setting up a petty cash account. Several others have asked what we would use the money to purchase. The purpose of the petty cash account would be to purchase misc. office supplies - stamps, envelopes, a binder ...
Hello, I have recently learned about 'fees' in bivio. In my club I am not the administrator or treas. In the Help menu there is no subject -fees- so I am wondering how a member can get detailed info on the topic. I went to ...
Hello Rip, Thanks for your comments, and I learned something. You are right about how we used I-Club's petty cash. I joined my group in 1998 but it was formed in 1994 so the CPA that was my mentor taught me to do the accounting ...
Hello all, I would like to make a brief comment on what my club does with its petty cash and account (ours now is virtual, and I'll explain). I have read all the posts so am familiar with the current discussion and will not reference ...
Our club has not had a petty cash fund, but would like to start one. I would like information on how to get started - What is the source of the money that goes into petty cash? Is there a standard amount that is usually ...