Daily Duties: Deposit receipts

Weekly Duties: Remit PAC

Monthly Duties:
Prepare Financial Report
Pay Bills
Reconcile Bank Statement
Verify membership records with MEA billings

Annual Duties:

September
Change/update signature cards to reflect new officers
Arrange for an internal review of records of previous year
If incorporated file Michigan Annual Report by 10/1

October
Compare budgeted membership income to actual

November
Get Tax forms as needed

December
Prepare IRS form 990 or 990EZ if required *

January
Prepare 1099s and 1096s if required
Prepare W-2 and W-3 if required
Develop budget calendar

February
Begin budget work

May
Adopt budget

*990 may be due at another time, depending on when the fiscal year ends (15th day of 5 month after end of fiscal year).