17.04.2018 Views

newsletter-2018

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FINANCE<br />

CONVENOR – KHAWAJA IMRAN ZUBAIR<br />

The new finance committee spent the previous year:<br />

• Updating accounting records<br />

• Systematically releasing overdue payments to vendors<br />

• Relieving the Club of unnecessary taxes<br />

• Recognizing the Staff Provident Fund<br />

• Implementing Health Insurance for Employees<br />

Developments<br />

Club Assets General Insurance<br />

Insuring the Club’s property and protecting its assets is an<br />

important part of safeguarding the longevity and success of the<br />

Club. Keeping that in view, The Finance Committee, in Feb <strong>2018</strong> has<br />

ensured to insure all assets and properties of Lahore Gymkhana.<br />

Additionally, all employees of the club are also now insured<br />

through renewal of Group Life Insurance<br />

Bank Booth<br />

A Bank Booth has been set up by Silk Bank for the convenience of<br />

members and employees.<br />

Online Bill Payment<br />

As our new website is up and running, we will soon launch an online<br />

bill payment feature to it for the convenience of all members.<br />

Front Desk<br />

The newly constructed Front Office facilitates a comfortable<br />

working environment for employees with better space utilization<br />

and allows:<br />

• Vendor Cheque delivery through one window (A notice board<br />

displays the Vendor Cheques)<br />

• Employees financial query handling<br />

ATM Machine<br />

In an effort to provide members with 24 hours banking services, a new ATM has been installed in the<br />

Club right next to the cashier’s office.<br />

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