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groups:finances [2024/04/26 17:14] – ↷ Links adapted because of a move operation 97.115.102.79groups:finances [2025/01/22 10:38] (current) – [Group Finances] lizkc
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 ====== Group Finances ====== ====== Group Finances ======
-[[groups:about|Why OSG]] | [[groups:startup|Starting a Group]] | [[groups:org|Group Organization]] | [[groups:tools|Record Keeping]] | [[groups:finances|Finances]] | [[groups:recruitment|Recruitment]] | [[groups:volunteers|Volunteers]] | [[groups:safety|Youth Protection]] | [[groups:dei|Inclusive Scouting]]+[[groups:about|Why OSG]] | [[groups:startup|Starting a Group]] | [[groups:org|Group Organization]] | [[groups:dashboard|Registrations & Background Checks]] | [[groups:tools|Apps & Software]] | [[groups:finances|Finances]] |  [[groups:recruitment|Recruitment]] | [[groups:volunteers|Volunteers]]
  
 The financial aspect of running a group can be one of the most challenging due to the oversight required. Having sound financial practices in place right off the bat is important. The financial aspect of running a group can be one of the most challenging due to the oversight required. Having sound financial practices in place right off the bat is important.
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 === Online Payment Collection Systems === === Online Payment Collection Systems ===
  
-Many groups collect payments online through systems such as Paypal/Square/Stripe/Venmo etc. The payment account should be in the PTA's name, not attached to an individual. Associated fees with the system are budgeted as an expense line item and must be accounted for and reported on the financial statement. +Many groups collect payments online through systems such as Paypal/Square/Stripe/Venmo etc. The payment account should be in the group's name, not attached to an individual. Associated fees with the system are budgeted as an expense line item and must be accounted for and reported on the financial statement. 
  
 === Contracts === === Contracts ===

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