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Treasurer Training Please PICK UP HANDOUTS and SIGN IN

Treasurer Training Please PICK UP HANDOUTS and SIGN IN . Spotting a Treasurer. Extremely organized. Strong understanding of accounting and bookkeeping. Great communicator and proficient with email. Strong personality for collecting fees and adhering to the budget. Discreet.

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Treasurer Training Please PICK UP HANDOUTS and SIGN IN

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  1. Treasurer Training Please PICK UP HANDOUTS and SIGN IN

  2. Spotting a Treasurer • Extremely organized. • Strong understanding of accounting and bookkeeping. • Great communicator and proficient with email. • Strong personality for collecting fees and adhering to the budget. • Discreet

  3. What do you do now? • Meet with coach and manager • Create a budget. • Create a “sweep” report. • Set up your accounting system for each player and the team. • Become familiar with forms and procedures. • Collect fees and make deposits. • Request Checks. • Create Fundraising Reports.

  4. Creating a Budget To create a budget you must know how many players are on your team. The budget should reflect how much it will cost the team to operate, and how much each player will owe. You must meet with your coaches and manager to decide the following- • What tournaments you will go to and the registration fees for each one. • What the estimated coaches travel expenses will be. Hotel, Gas, Rental Car, Food, Airfare, Parking, etc. • How the team will travel. Vans, Bus, Hotel, Food, Gas, Airfare, Parking, etc. • What league the team will play in. Referee fees? Travel Expenses?

  5. Common EXPENSES to put in your budget- Kick-off Breakfast tickets and basket ($250.00 for tickets, basket varies) Tournament Fees (varies) Club Sponsor Donation ($300 for white, $500.00 for blue and red) League Referee Fees (varies…~$40.00/game) League Travel Expenses Coaches Pay Club Sweep Creating a Budget

  6. Creating a Budget Common INCOME to put in your budget- • Coaching Fees • Referee Fees • Tournament Fees • Sponsor Donations • Fundraising Activities YOUR READY TO CREATE YOUR BUDGET! Budget Calculator

  7. Creating a “Sweep Report” What is a sweep? • The sweep is the difference between what you are SUPPOSED to receive in coaching fees each month, and what your Head and Assistant coaches get paid. • This amount is “swept” out of your team account at the end of each month by Wolfgang to cover GK training, techno/plyo training, and field use/light fees. Sweep Report

  8. Set Up Accounting System You must be able to keep track of the income and expenses for the- • Team • Individual Players • Team accounting should be simple and straight forward…much like a checking account ledger • Player accounting should be specific and allow for monthly invoicing and statements. Team Accounting Player Accounting

  9. Forms and Procedures There are 4 forms you will need to become very familiar with- • Check and Cash Deposit form. • Credit Card Deposit form • Credit Card Information Sheet • Check Request form

  10. Sponsor Donations • Sponsor donations are funds that are given to the club/team/player without any service or product in return. • A sponsor donation should be deposited with the check/cash deposit slip and accompanied by the Sponsor Donation Form. • Sponsor Donation Form

  11. Fundraising • Fundraisers are coordinated events whereby the money taken in is directly linked to services or products. • A separate fundraising report must be sent to Wolfgang for EACH AND EVERY fundraiser performed during the year. Fundraising Report

  12. THANK YOU!

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