Financial Secretary Handbook - Knights of Columbus, Supreme ...

More documents

Recommendations

Info

illing periods, these member records should be updated in the Member Ledger: • Billing Status – When a dues assessment is processed from the Pending Assessment screen, the billing status for all members receiving this assessment will be changed to First Notice. Note that honorary life members do not receive an assessment, and their billing status can be manually updated to Dues are Current. Additionally, former members that are listed in Member Management/Member Billing can be manually changed to Prior or Deceased status (Illustration #2, page 29). • Adjustments – The Adjustment section on the bottom of the Member Ledger screen can be used to generate a charge adjustment for members with an outstanding balance (Illustration # 3, page 30). Separate adjustments should be added if a member owes money for dues and other assessments (i.e., dues, special, etc.). If a member has paid dues or other assessments for future periods, a credit adjustment should be added. Payment of dues should not be recorded here, but through the Dues Collection Tool found under the Receipts section of the Council Ledger. Note: This is the same process as assessing new members for dues or initiation fees after they have been recorded at the Supreme Council office and added to Member Management/ Member Billing. BILLING MEMBERS A dues assessment can be generated for all billable members on the Enter Dues Assessment screen by clicking on Assessments under the Council Ledger section (Illustration # 4, page 31): • Billing Cycle – Dues can be billed for the calendar year (Jan to Dec) or the fraternal year (Jul to Jun). Note that the default for the billing period is predetermined by the billing frequency, which is selected in the Billing Setup section. • As of Date – All bills have a date that indicates how much is owed at the time the dues were assessed. Dues can be assessed in Member Billing as early as 90 days prior to the billing period. However, the As of Date cannot be set more than 15 days prior to the billing period. We suggest that the date used for the As of Date when generating a dues assessment also be used for special or miscellaneous assessments. • Assess Dues button – This will place the dues assessment in a pending status, which can be processed on the Pending Assessments screen. All special or miscellaneous assessments should be assessed on the Assess Other screen before processing the dues assessment. A special or miscellaneous assessment can be generated for selected members using the Assess Other screen under Assessments in the Council Ledger section . • Charge to – This specifies who will be assessed the additional charge and is selected by member type. Note that All Billable will assess all regular & honorary members; All Members will assess all regular, honorary & honorary life members; Honorary will assess only honorary members; and Honorary Life will assess only honorary life members. • Voluntary or Mandatory – If an assessment is a voluntary assessment, a notation will display on the member’s bill that this assessment is voluntary and payment is optional. Additionally, voluntary assessments require a valid Through Date. We suggest that the Through Date selected be well in advance of the last day of the billing cycle. (For example, if using an annual calendar year billing cycle, select a date like September 1 — well in advance of December 31.) After this date you have the ability to generate a credit transaction for all members that did not pay the voluntary assessment. Mandatory assessments will remain on the Member Ledger until the member pays this assessment or the transaction is voided on the Member Ledger. • Reason for Assessment – This is a required field, and if the reason for assessment does not appear in the drop down list, it can be added on the Event/Reason screen under the Billing Information section. Note: There is a link to this section on the bottom of the Assess Other screen. • Assess Other button – This will place any special and miscellaneous assessments in a pending status, which can be processed on the Pending Assessments screen. All special or miscellaneous assessments should be assessed on the Assess Other screen before processing the dues assessment. All pending assessments can be posted to the Member Ledger from the Pending Assessment screen. Note that if a dues assessment is included when the Process Assessment button is clicked on the Pending Assessment screen, the billing status for all members assessed will change to First Notice. GENERATING NOTICES • Once the pending assessments are processed, the First Notice can be generated from the Notices section of the Print Center in Member Billing (Illustration #5, page 32). — 25 —
Note: If the grand knight’s or trustees’ names or telephone numbers do not display on the notice, the data can be added on the Council Officers— Current Year or member’s General Information screens in Member Management. Notices can be sent via email, or printed and mailed. There is also an option to generate a file copy of all notices to members, regardless of the delivery preference. Member Billing also provides the ability to email an individual member a notice, once the member has been added to Member Management/Member Billing. Once the member delivery preference is set to email or both, an email notice icon will appear on the Member Ledger or Billing Information screens. • After 30 days, you can update all members currently in First Notice status to Second Notice by using the Update Status screen under the Assessment section of the Council Ledger (Illustration # 6, page 33). Notices can be sent via email, printed and mailed or saved electronically by selecting a delivery preference in the Billing section. • After 30 days, you can update all members currently in Second Notice status to Knight Alert by using the Update Status screen under the Assessment section of the Council Ledger (Illustration # 6). A letter is sent to the member explaining how his membership is in danger of being forfeited as a result of unpaid dues. The notices cannot be sent electronically because they require the signature of the grand knight and trustees. • Sixty days after initiating the billing process, you can update all members currently in Knight Alert status to Intent to Suspend by using the Update Status screen under the Assessment section of the Council Ledger (Illustration # 6). A notice can be generated in the Billing section of the Print Center, informing the member that his delinquency has put his good standing status in jeopardy. Copies of this letter must be printed and sent to the Supreme Council office, the state deputy and the district deputy. Note: Individuals who have been assessed for the current billing period, but have become former members, will need to have any outstanding balances and their billing status manually updated on their Member Ledger screens. If the billing status has not been updated, these members will continue to appear when the next notice is generated. GENERATING MEMBERSHIP CARDS Membership cards can be generated for members using the Membership Card section of the Print Center in Member Billing. We suggest printing membership cards using the By Member Type feature, thereby having these cards ready for presentation when the member submits his payment for dues. Membership Card stock paper (#4817) for Member Billing can be ordered from the Supreme Council Supply Department. (Note that cards come 8 to a sheet with 25 sheets to a package for a total of 200 cards.) There are three options in Member Billing for printing membership cards: • By member type, which can be classified as: All Billable, All Members, Regular, Honorary, Honorary Life or Members on Disability. • By all members whose dues became current between specified dates. • By using the Membership Card Template for a small group of members or for new members who have not been added to Member Billing. PROCESSING PAYMENTS FROM MEMBERS Under the Receipt section of the Council Ledger, there is a Dues Collection Tool, which will assist in recording members’ payments. The Dues Collection Tool can be used if the member pays his outstanding balance in full (Illustration # 7, page 34). If a member does not pay the full amount or includes a donation to the council or special fund, we suggest that the payment be recorded on the Enter Receipt screen to ensure that the proper accounts/sub accounts are recorded properly. If this payment includes money for a special or miscellaneous assessment, a reason for assessment must be entered in the Event field. Once the Save button is clicked on the Dues Collection Tool screen or the Enter Receipt screen, this will place the transaction in pending status. Pending transactions can be processed on the Pending Receipt screen. A Report of Receipts is available under the Treasurer Reports in the Print Center of Member Billing. There are four reports available: two for pending receipts and two for posted receipts. Note that the posted receipts reports will display signature lines for the financial secretary and treasurer, which will serve as a record that the treasurer received these moneys. Note: If the treasurer’s name does not display on this report, add his data on the Council Officers— Current Year screen in Member Management. PROCESSING MONEY FROM OTHER SOURCES Section 139.1 of the Laws of the Order specifies that the financial secretary shall collect all moneys accruing to the council from members and other sources. These — 26 —
Page 1 and 2: FINANCIAL SECRETARY FAITHFUL COMPTR
Page 4 and 5: TABLE OF CONTENTS
Page 6 and 7: ACCOUNTING ACCOUNT KEEPING ........
Page 8 and 9: FREQUENTLY ASKED QUESTIONS GENERAL
Page 10 and 11: OFFICERS ONLINE — REGISTRATION Th
Page 12 and 13: Likewise, the reporting of member a
Page 14 and 15: produce billing notices and payment
Page 16 and 17: Toll free number: 1-800-380-9995 Em
Page 18 and 19: agree. Also, the vouchers should be
Page 20 and 21: — 12 —
Page 22 and 23: — 14 —
Page 24 and 25: — 16 —
Page 26 and 27: — 18 —
Page 28 and 29: — 20 —
Page 30 and 31: ACCOUNTING
Page 34 and 35: moneys can be recorded in Member Bi
Page 36 and 37: Illustration # 2 — 29 —
Page 48 and 49: AUDIT REQUIREMENTS Section 145 of t
Page 50 and 51: lowing the one for which the audit
Page 52 and 53: ANNUAL ASSEMBLY AUDIT REPORT Due By
Page 54 and 55: USE OF PROPER FORMS On occasion, fi
Page 56 and 57: quality is unsuitable for archival
Page 58 and 59: of his suspension or withdrawal, yo
Page 60 and 61: assembly by supplying a form letter
Page 62 and 63: CONSTITUTIONAL ROLL The Constitutio
Page 64 and 65: Third: The insured’s natural pare
Page 66 and 67: — 60 —
Page 68 and 69: — 62 —
Page 70 and 71: — 64 —
Page 72 and 73: — 66 —
Page 74 and 75: — 68 —
Page 76 and 77: YEARLY MONTHLY 35.00 2.91 2.91 5.88
Page 78 and 79: — 72 —
Page 80 and 81: — 74 —
Page 82 and 83:
— 76 —
Page 84 and 85:
— 78 —
Page 86 and 87:
— 80 —
Page 88 and 89:
— 82 —
Page 90 and 91:
— 84 —
Page 92 and 93:
— 86 —
Page 94 and 95:
GENERAL Do I have to submit a Form
Page 96 and 97:
Who initiates a transfer? When a me
Page 98 and 99:
compensation. Thus, permanent deaco
Page 100 and 101:
Are Knights of Columbus councils an
Page 102 and 103:
OUR INSURANCE PROGRAM The Knights o
Page 104 and 105:
RECOGNITION
Page 106 and 107:
In the Knights of Columbus, fratern
Page 108 and 109:
SPECIAL RECOGNITION CERTIFICATES GI
Page 110 and 111:
PAST GRAND KNIGHT CERTIFICATE—Awa
Page 112 and 113:
DEGREE EXEMPLIFICATION CERTIFICATES
Page 114 and 115:
Knights of Columbus Fourth Degree C
Page 116 and 117:
FRATERNAL CERTIFICATES IN MEMORIAM
show all

Financial Secretary Handbook - Knights of Columbus, Supreme ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?