Cash Handling Processes
Finance Process Best Case Practices Below are 2 examples of finance processes used at different chapters that are best case practices nationally and are recommended as a baseline for your chapter’s finance and cash handling process. If you have any questions about setting up your chapter’s processes, please email Nicole at ncliteur@studentsofferingsupport.ca. McGill SOS Registration […]
National Finance Policies
Students Offering Support National Finance Policies Below are the national financial policies of Students Offering Support that must be followed by all chapters of the organization. Bank accounts must be opened with Bank of Montreal to increase the ease of banking between Head Office and chapters. Any exceptions to this must go through the Director […]
Budgeting 101
This handbook will walk you through the process of creating your chapter’s budget. Your budget is your base plan for the year, and outlines both your goals and how you intend to achieve them. Your budget is not written in stone, it is a plan that should be reviewed and changed as need be. For […]
Performance Tracking & Budget Reviews
One of the most important roles a VP Finance can take on within the chapter is to track performance of the chapter and conduct budget reviews in order to support your chapter in achieving its goals! This emanual will walk you through how to do performance tracking, conduct a budget review & facilitate these processes […]
VP Finance Handbook
SOS Finance Handbook Updated: October 2014 Welcome to the role of VP Finance! This handbook will be your guide to navigating the Finance landing page on Portal. It is imperative that we properly record our finances to the standard of the Canadian Revenue Agency. This handbook outlines each of the processes for properly recording your […]
How To: End of the Term Finances
Congrats! You have (or almost have) made it to the end of the term! I bet you are exhausted and ready to just be done with about everything that relates to school. Well, I’m happy to see that you don’t just leave all of your responsibilities and dedicate couple of hours to make sure that […]
How To: Finance Monthly Reconciliation
As a charity, it is very important for us to have good financial records. Without it, we will lose our charitable status. Monthly Reconciliation is the process of comparing entries on the portal to supporting documentation and resolving any discrepancies. Your portal MUST be the exact replica of your bank account. What Should Match on the […]
Connecting Exam Aid Revenue to Outreach Trips
Transparency is key. Charities take a lot of heat for having shady or vague policies about where a donor’s money goes, and how much of a donation makes it to the project. I’ve found that because SOS gets its donations by providing a service – Exam-AIDS – our “donors” don’t scrutinize us as much as […]
The DL: Relationship between your SOS chapter and Students Offering Support (HQ) by Greg Overholt
The Students Offering Support family was designed in a similar fashion to the other national & international student organizations; local arms of the organization are located on universities and colleges (your SOS chapters.. where the magic happens), and national & international headquarters (Students Offering Support’s office is now located in Toronto (https://www.facebook.com/video/video.php?v=858121552250&oid=21398221862&comments)… where all the […]