The chapter Treasurer is responsible for collecting, disbursing, and managing the chapter’s funds. The Treasurer should always be prepared to submit a complete and accurate statement showing the current financial status of the chapter. 

The specific duties of the Treasurer are the following:

Receiving and depositing all funds—Regardless of the source, e.g., cash, check, third party apps (such as Venmo, Zelle, PayPal, CashApp, etc.) funds paid into the chapter should be managed by the Treasurer.

Disbursing funds—As authorized by the chapter officers and by established approved budgets.

Preparing financial reports—prepare reports for monthly membership meetings and chapter officers, as well as the annual financial reports for SCRA National and keeping for chapter historical records.

Banking Practices—Chapter operating funds should be on deposit with a local bank. Bank balances should be reconciled monthly.

 Budgeting—The Treasurer should prepare a budget at the beginning of each fiscal year in consultation with the various committee chairpersons and chapter officers, for approval. Budgets should be prepared with the objectives of the chapter in mind. Overall income should always exceed expenses.

Record keeping - Mainataining the folowing records:

Treasurer’s Journal
Invoices
Receipts
Bank Statements
Financial Reports
All cash receipts