Treasurer FAQ

 

Q:  Can I be reimbursed for mileage for a CACRAO sponsored event?

A:  Mileage can be reimbursed.  You simply need to submit the mileage directly from home institution to CACRAO sponsored event and a separate mileage from the CACRAO sponsored event back to home institution.

 

Q:  Whom do I send the expense voucher and/or deposit form?

A:  Send expense vouchers to the President first.  The President will sign and forward to the Treasurer.  The deposit forms can be submitted directly to the Treasurer.

 

Q:  Do I need a receipt for all expenses?

A:  Yes, receipts are required for all expenditures.  If a company or organization does not have invoicing capability, they should present a handwritten receipt itemizing the services provided.

 

Q:  I need to buy equipment for the performance of my committee function.  How is that different and how should I handle?

A:  If equipment needs to be purchased, rather than rented, the equipment becomes the property of CACRAO.  The Treasurer will need the specifications, including equipment name, purpose, model #, serial #, warranty information, etc. to maintain in inventory.  Because CACRAO does not have a central location for storage, this equipment will need to be passed on to the next committee chair(s).  Additionally, other office supplies purchased should also be passed on to the next committee chair(s).

 

Q:  I received an email, phone call, or letter from a vendor I’ve worked with and they are inquiring about the status of their payment.  How do I handle this?

A:  Forward these requests to the Treasurer.  He/She will investigate and report back to the vendor and the committee chair involved.

 

Q:  What is the normal turnaround on a check request?

A:  There isn’t anything normal about check turnaround.  Assuming postal mail is used, it could take 3-4 days to reach the President, another 3-4 days to reach the Treasurer and a day for each to handle…it could take a week to two weeks to finalize and mail to recipient.  Note: if President or Treasurer are out of the office, additional delays could occur.  This is not meant to be an absolute estimate.