We are a non-profit.  We must follow the IRS rules for non-profits.  That means that the troop’s books must be open for any troop member or troop parent to review.  For younger girls, this should be a quick update about any money the troop has earned or spent since the last meeting and how they are doing on reaching a savings goal.  For older girls and parents this is most easily done by keeping the troop financial records online.  This spreadsheet will help you do that: https://tinyurl.com/SVGSFinances

You may also use a paper and pen system or your own electronic system.  No matter what you use, if a parent wants to review it, they have the right to do so.

All expenses must have a matching receipt.  When you get your monthly bank statement, staple the receipts from that month to the statement.
Note – Bank Statements are available for pick-up at every Service Unit meeting.

All bank statements and financial reports must be kept for 7 years.