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Click to view the full Accounting Bulletin which includes:

There will be no Form 3s, thanks to Centralization!

AP Cutoff: All bills and Form 14s that are received by HQ by October 9 will be entered and if allowable will be taken from Restricted Funds in FY20 if applicable. Please follow up with all your chapter’s volunteers to get Form 14s in as soon as possible before year-end. 

Accruals: We realize that not all FY20 bills will be in before the October 9. We will process The Panther Group bills for September in FY20 that usually come in mid-October. For any other bills over $250, chapters may request them to be accrued after October 9th by noting in the submitting email or on the bill itself the general ledger account 25000 Accrued expenses. If we are able to honor the request, we will accrue it back to FY20.  For all other bills associated with FY20 that do not make the deadlines, the bills will be charged against chapter unrestricted funds in FY21 and coded to 59900 Misc exp as an unallowable expense.

In-Kind Contributions: Has your chapter or any branches received $1,000 or more in donated product, services, or office/meeting space? We need to book that if we haven’t already done so. Please check your Intacct Dashboard to see if we are booking the SBA/GSA office space correctly. Is your chapter still in a government space? Are we booking a value for that space? Please contact Erin Schultz to report any In-kind contributions to your chapter October 1, 2019 through September 30, 2020, or if you have questions.

Please register for one or more weekly Treasurer Tuesday calls on Zoom at https://tinyurl.com/SCOREACCT9. Schedule below:

September 22: Transitioning Chapter Treasurers

September 29: The Chapter Treasurer Role (for Incoming and Continuing Treasurers)

October 6: Welcome Incoming Treasurers - Tour of Sage Intacct Accounting System

As part of Hispanic Heritage month (September 15 – October 15), SCORE has introduced the new Hispanic Business Owners Hub on SCORE.org.

The new Hispanic Business Owners Hub curates content specifically for the Hispanic business community, including resources, webinars, funding information and success stories. Stay tuned as new content and information is added to this new, vibrant landing page.

To help you promote Hispanic Heritage Month locally, we’ve provided two new email drafts in your Constant Contact account to attract Hispanic clients and Hispanic volunteers.

These emails are optional; it’s completely at the chapter’s discretion to use them or not to recruit new Hispanic clients and volunteers. Also, the drafts are completely customizable and can be modified to provide local content, making it more appealing to the local business community.

To find these drafts, simply login to Constant Contact, click Campaigns in the top navigation, the on the left of the screen expand the Status folder then click on drafts. You’ll see two email drafts titled “Hispanic Hub”. Email marketing@score.org with questions.