Accounting News & Updates

June 14, 2022

Distribution: All Active Volunteers

Get Forms | Performance Data | Directories | Store | Important Documents

Attn: Treasurers, Chapter Chairs, District Directors and Assistant District Directors, Regional Vice Presidents

In effort to streamline SCORE Communications, we have separated out leadership news from our weekly News You Can Use for All Volunteers. Below are important updates that are specific to your leadership role at SCORE.

ACCOUNTING - FEATURED DEPARTMENT

Click to view the full Accounting Bulletin, which includes:

AP Bill Processing Status
New Secure Portal for W-9 Form Submission
Help Transition Your New Treasurer
Check out the new Expense Quick Reference Guides
Office Depot Portal Changes
What’s a Per Diem and Can I Get One?
Credit Cards Available for Chapters
"Food, Glorious Food” & Documentation Requirements
Treasurer Tuesday Schedule

Thank You For All You Do For SCORE

As SCORE moves toward the end of its fiscal year, it’s time to look at our budgets. As you know, in April, SCORE received an increase in funding from Congress. Unfortunately, it was late in the year to get the increase, and it took time to let the field know how much their national allocation increased. The RVPs have now informed the field of the amount of national allocation for the year. If your chapter is not forecasting to use their entire national allocation, that is okay. Do not feel like this is a use or lose situation. Please inform your District Director, RVP, and/or me. Under the philosophy of one SCORE, there are many SCORE chapters, Districts, and projects that need funding to which we can reallocate the funds.

Currently, the field operations team and finance team are working together on providing more budgeting assistance for the field for FY23. Please stay tuned for more information in the weeks and months ahead.

Thank you for all you do for SCORE.

Rick Peluso

VP of Finance

New Secure Portal for W-9 Form Submissions

SCORE has created a new secure portal for vendors to submit W-9 forms. This is to protect their personal information found on a W-9 such as name, address, and social security number. New vendors may submit a W-9 directly to accounting staff by uploading the W-9 here: https://tinyurl.com/SCOREW9Upload. Instructions can be found on the Support Center here: https://help.score.org/hc/en-us/articles/6673265612307-Vendor-W-9-Secure-Porta l.

DO NOT SEND W-9s with social security numbers (formatted ###-##-####) through email. If the vendor has an EIN (format is two digits then seven digits ##-#######), then you may submit it by email with the invoice to accounting@score.org.

Introducing Two Quick Reference Guides For Traveling and General Expenses

Fresh off the presses are two guides to help you determine SCORE policies for expenses.

Traveling? Check out the Travel Quick Reference Guide to see what is reimbursable, from what funds, and specific documentation requirements.

The Expense Quick Reference Guide for Field Leaders summarizes SCORE policies along expense categories.

Travel Quick Reference Guide

Expense Quick Reference Guide for Field Leaders

Transitioning Chapter Treasurers

Is your chapter/ district getting a new Treasurer for FY23? Please help us transition SCORE treasurers into this vital role. Join us for a Zoom call on Tuesday, July 19 at 2pm ET to discuss the transition.

The treasurer role, due to the accounting system and the federal award compliance components has a steep learning curve. Helping our volunteers transition into the role will help them stay in the role longer and be more effective for your chapter and for SCORE. Together we can reduce the “drinking from a firehose onboarding” to a manageable, fulfilling experience.

This Zoom Call is for Chapter Chairs/Co-Chairs and Outgoing Treasurers. Volunteers considering this role are welcome to join the call and to join us on August 2.

SAVE THE DATE

Volunteer Engagement Survey Results

Please join us for the Volunteer Engagement Survey Results Webinar on Tuesday, June 28 at 2:00pm ET.

The presentation will cover the following information:

Overall Findings
Drivers of Volunteer Engagement
Volunteer Perspectives and Behaviors
Chapter Level Findings
Considerations for SCORE's Future Direction

Virtual Leadership Conference

SCORE's Annual Virtual Leadership Conference will be 2 days this year - August 16 and 17. Check back on the Support Center for more information, and look out for personal invites sent to Chapter Chairs, District Directors, Assistant District Directors, and Regional Vice Presidents in the coming weeks!

1165 Herndon Parkway

Suite 100

Herndon, VA 20170

Tel: 1-800-634-0245

Email: help@score.org

Website: help.score.org

CONNECT WITH US:

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.