Finance Basics for Scout Units

Guidance for Troop/Pack/Crew/Ship Treasurers and their Assistants:

Fundraisers

• See Main Article Fundraisers for Scout Units

Fiscal Year Layout

There are several ways to set the fiscal year for your scout year.

1. Calendar Year [Jan-Dec] - traditional format
2. School Year (Troop) [Aug-Jul] - Preferred format for troops and crews with the following benefits:

• • Membership dues and fundraisers are collected at the beginning of the year with eye towards preparing major events of the year
  • Year ends with major expenditure event - (summer camp and/or hi-adventure or jamboree)

1. School Year (Pack) [Jul-Jun] - Preferred format for packs - all the same reasons as above.

Partial year adjustment: You can declare an odd year - one with either fewer months or extra months for if you want to move your unit from a Calendar Year to a School year fiscal program (or vice-versa).

Resources:

• 2020 Scout Unit Billing Worksheet - Download and Use this worksheet to track what each family in your unit owes, credits given and payment history. With grand totals.