Finance - Keeping track of Group Funds

  • Groups should have a simple record keeping system to track income and expenditure.  The LALG Treasurer is happy to help with this.
  • All group records should be made available to the LALG Treasurer if requested.
  • It is good practice to show and review the income and expenditure records with the group members on a yearly basis to determine if any changes are needed in the future.
  • All group funds managed by the LALG Treasurer are ringfenced and clearly identifiable on the LALG accounts.  The LALG Treasurer will keep groups up to date with all transactions for their group.

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