This manual describes general accounting practices for Barbershop Harmony Society chapters. It provides basic information for chapter treasurers, including accounting principles, routine banking transactions, and monthly payments.
This manual outlines the responsibilities of a chapter treasurer within the Barbershop Harmony Society, including maintaining accurate financial records, preparing budgets, and interacting with the chapter secretary and board. It details the treasurer's annual schedule of tasks, such as filing tax forms and submitting financial reports.
The treasurer holds the chapter funds in trust and must keep accurate financial records of all income and expenditures.
A chapter must file Form 1099-MISC with the recipient by January 31 if the individual or quartet received $600 or more from the chapter during the previous year.
Chapters filing Form 990-N with the IRS must do so by the May 15 deadline.