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policies:accounting [2016/11/29 01:20]
Geoff Nicholson [Reimbursement of Expenditures] 		policies:accounting [2026/09/10 21:11] (current)
John Benedetto
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 ==== Reimbursement of Expenditures ==== ==== Reimbursement of Expenditures ====
  
-In order to be [[policies:reimbursements|reimbursed]] for expenditures undertaken on behalf of the space, payees will have to have their expenses approved by at minimum the President (if the transaction is below $100) or the Directors (if the transaction is above $100). To expedite approval, it is key that the expected expense is budgeted for, so we are aware that it is coming. For non-budgeted expenses, it is also suggested to get the approval of the Area Captain for the area where the purchase will be utilized, so that we can ensure that the purchase will go to good use. The President can override the lack of Area Captain assent, and the Directors can override the lack of Presidential assent. For minor expenses, it is suggested that a donation be considered instead, which may be tax-deductible for the donor.+In order to be [[policies:reimbursements|reimbursed]] for expenditures undertaken on behalf of the space, payees will have to have their expenses approved by at minimum the President (if the transaction is below $100) or the Directors (if the transaction is above $100). To expedite approval, it is key that the expected expense is budgeted for, so we are aware that it is coming. For non-budgeted expenses, it is also suggested to get the approval of the Steward for the area where the purchase will be utilized, so that we can ensure that the purchase will go to good use. The President can override the lack of Steward assent, and the Directors can override the lack of Presidential assent. For minor expenses, it is suggested that a donation be considered instead, which may be tax-deductible for the donor.