Suggested Basic Accounting Procedures for National Scout Organizations

This booklet provides an overview of suggested basic accounting procedures for National Scout Organizations.

Every organization must have an accounting procedure to follow. For any Scout organization, no matter how small it may be, it is essential to have a least the 2 important journals (or books). One is Cash Receipts Journal (where all cash receipts are recorded) and the other one is Cash Disbursement journal (where all disbursements on expenses and etc. are recorded). Within this booklet are the suggested procedures on cash receipts, cash disbursements, preparation of income and expense summary, petty cash handling, opening a bank account and bank reconciliation which are recommended as minimum standards for good financial accounting.