ussu society finance
DESCRIPTION
How you can get funding from the Union, how your account works and how to spend your moneyTRANSCRIPT
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Society
Finance
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
USSU fundingSocieties Fund
£13,000
Initiative Fund£6,000
Activities Loan£???
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Funding from USSU
Download application
formComplete form & email it back
Activities Committee
considers your application
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Funding from USSU - criteria
Under £75 USSU affiliated society;
Committee Constitution Code of Conduct
Over £75 USSU affiliated society;
Committee Constitution Code of Conduct
Paid in at least £75 Submitted a list of at
least 15 members
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
The Small Print…
Specified items
Spend within 28 days
Spend your money first
Ultra Vires – legal restrictions
Not for items already purchased
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Activities Loan
Show you can pay it back
2/3 rule
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Simple Rule:
If you haven’t got it…
DON’T SPEND IT
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Under £50
Buy it
Get a receipt
Claim it back
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Over £50
Fill in a Purchase Order form before you spend
Supplier can invoice us directly
We’ll arrange payment
(Dog n
ot
requir
ed)
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
SponsorshipMoney Services
DiscountsGet a good deal,
don’t undersell yourselves
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Your account
Pay money inPay money out
View your transactions(Our Finance Office is less scary looking than this though)
If you haven’t got it, don’t spend it Over £50 – Get it authorised BEFORE you spend it
Questions?