1. Understand the total financial asset of the club

1. How much do we have in the bank?
2. How much do we have in Paypal
3. How much does the treasurer owe to the club, if the transaction was done via the treasures’ account

2. Know how much does the club will need to operate

1. What is the cost of a meeting room per month?
2. What is the cost of the apps (Zoom, Notion, Meetup and so on)
3. Additional savings for extra events? ( Mid autumn festival, CNY etc)
4. How many members does SFMET need to keep in order to maintain the balance sheet? ($30 per person to sustain 6 month of the expense)

3. How to work with other officers

1. VPM and Treasurer. Gather help from VPM to reach to the member and remind the dues.
2. VPPR and Treasurer. Ask VPPR to mass email to the current members and the guests 1 month prior to the membership due date.
3. VPE and Treasurer. Inform VPE on the member payment. VPE can begin their job to welcome the members to the club when the Treasure has paid to the HQ.
4. President and Treasurer. Keep the president updated on the financial status of the club to aid them making decisions.
5. MOST IMPORTANT: Treasurer. Your responsibility is to pay membership due to the HQ.

Extra Credit

Find Bank, transaction methods that help reduce officer’s stress, look out for potential meeting space. Smooth, automatic payment system

References

Club Status