Volunteer Essentials Volunteer Essentials 2015-16 - Updated 5/31/17 | Page 147

Submission of Annual Troop Financial Report Procedure 1. The troop leader will submit an Annual Finance Report (found in Volunteer Essentials and online at gswpa.org on the Forms page) to the service unit finance manager by June 30th. This report will be accompanied by the most recent bank statement at the time of reporting. If the service unit does not have a finance manager, the troop leader will submit the Annual Finance Report to the service unit manager. If there is no service unit manager, then the troop leader will submit the Annual Finance Report to GSWPA staff. 2. The service unit finance manager or service unit manager will review the Annual Finance Report and will request clarification and additional documentation, as needed. The Annual Finance Report will be submitted to GSWPA staff by July 10. 3. GSWPA staff will review the Annual Finance Report for discrepancies, including missing bank statements and receipts, money that is unaccounted for, and unexplained purchases. If discrepancies exist, GSWPA staff will contact the troop leader to resolve the discrepancies. 4. If there are no discrepancies or they are resolved to GSWPA staff’s satisfaction, no further action is taken. 5. If the troop does not submit the Annual Finance Report by July 10, GSWPA staff will call the leader as a reminder to turn in the report. 6. If the troop does not submit the Annual Finance Report by July 15, a letter will be sent by GSWPA staff to the troop leaders informing them that they are in violation of council policies. It will be accompanied by another copy of the Annual Finance Report form, an offer to help with filling out the form and instructions that it must be returned within seven (7) days. A copy of this letter will be sent to the service unit manager. At this time, the GSWPA staff will collect information on any outstanding troop debt from council product sales. 7. If discrepancies are unresolved, refer to the operating procedure titled Suspected Misappropriation of Funds. 8. The same procedure will be followed for the service unit Annual Finance Report (same form) with the responsibilities of the service unit finance manager being replaced by the service unit manager and/or GSWPA staff. 9. If the troop is disbanding, follow the operating procedure titled Disbanding and Dividing Troops.