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General Student Services Fund Reconciliations

Last updated 12/16/2020

The SSFC Financial Specialist will provide a reconciled budget to each group around the 15th of every month. If for some reason a group has not received a reconciliation in over a month, they are encouraged to request it via email.

The purpose of a monthly reconciliation is to notify groups of the official status of their budget. All groups are expected to track their own budgets internally and independently of the ASM office so that they can compare these records against the official reconciliation. Any discrepancies should be addressed immediately at the group's next meeting with the SSFC Financial Specialist.

Reconciliations allow groups to catch errors that may have gone unnoticed and to avoid spending more money than is actually available.

The Student Services Finance Committee reviews the past reconciled budgets each year to determine if the eligibility criteria of fiscal responsibility has been met.

Keywords:reconciliations, GSSF, general student services fund, expenses, tracking   Doc ID:107917
Owner:Kelly K.Group:Associated Students of Madison
Created:2020-12-16 11:34 CDTUpdated:2020-12-16 11:35 CDT
Sites:Associated Students of Madison
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