PTO Today Q&A

Q&A: Finance & Budget

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Recording transactions that bridge the end of the fiscal year
I just set up our Finance Manager this summer (fiscal year ends June 30). When I set it up, I was required...
Asked by Anonymous in Finance & Budget

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Building EIN numbers
We have a Executive Board and under us we have 5 buildings. We need to know is it necessary for all...
Asked by simoned in Finance & Budget

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When is a vote needed to amend a budget?
After further discussion with our accountants, we found that the starting balance on the budget for 2013-2014...
Asked by Anonymous in Finance & Budget

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Insurance Costs
About how much do they run? I know we can get it through ptotoday but just want some estimates before...
Asked by Anna1123 in Finance & Budget

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(1 response)

Filing Taxes
We are just starting our PTO and are not planning currently to file for 501(c)3 status. Do we need to...
Asked by Anna1123 in Finance & Budget

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(2 responses)

New President has bad credit
After our elections, the PTO treasurer and President went to the bank to have the signor names changed...
Asked by Anonymous in Finance & Budget

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(2 responses)

Tax Exempt Stauts
Our school is located in PA. We recently we made aware by our school solicitor that the PTO can not use...
Asked by reasey23 in Finance & Budget

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PTO membership missing the dues?
I am managing our membership database this year and am missing a few memberships without the dues, how...
Asked by Anonymous in Finance & Budget

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(1 response)

Unfiled Taxes
During our recent parent meeting, it was brought up that the group has not filed taxes for a number of...
Asked by Anonymous in Finance & Budget

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(3 responses)

Whose Money is it?
Our PTO houses some money for the Prinicpal/site. It is known that these funds aren't the PTO's yet...
Asked by Anonymous in Finance & Budget

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