It was a pleasure meeting those of you who attended the Treasurer Tuesday on January 24 regarding the interest SCORE is now earning and posting to your chapters. You can
view the recording here.
Today’s Accounting Bulletin has a section on why we ask for so much information from your chapter when paying bills or reimbursing volunteers. Please work with your volunteers to help them understand why SCORE has these policies.
There is a new mileage rate as of January 1. SCORE is now reimbursing at $0.65.5 per mile. Please have your volunteers use the latest version of the
Form 14 from the support center.
A few notes and reminders:
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The Field Travel Policy includes a letter from the SBA to facilitate getting GSA rates for hotels. You can find the Support Center webpage here: https://tinyurl.com/SCORETravel
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Every bill needs to have the “WHY” as to how it benefits SCORE. Please remember the 5 Ws: who, what, when, where, & why even if paying from local unrestricted funds. This will reduce the emails you receive from the accounting staff and ensure speedier payments.
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Annual Recognition events – Please remember to include an itemized receipt for the food, an attendee list, and an agenda. Any alcohol needs to be on a separate receipt. Chapters may have one annual recognition event a year and if documented properly most may be paid from National Allocation. SCORE cannot pay for entertainment such as tickets to participate, golfing, or watch sporting events or other venues even from unrestricted funds.
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Gift cards are not reimbursable and volunteers should not accept gift cards.
- Please send bills into accounting@score.org instead of a staff’s email to ensure the bill is processed even if that person is on vacation.
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As a reminder, I must sign all contracts, regardless of total amount. Please use the new portal for submitting contracts on the Support Center at https://tinyurl.com/SCOREContracts. This includes donor or grant contracts. See the body of this bulletin and the Support Center for more information.
Thank you for all you do for SCORE,
Rick Peluso
VP of Finance
