1. All MSCSA receipts shall be forwarded to the designated staff member.

2. The designated staff member shall journal and provide a restrictive endorsement on all receipts immediately upon receiving them. The Treasurer shall be provided with a hard copy journal of all receipts five business days prior to each regularly scheduled Fiscal Committee meeting.

3. Deposits must be made within two (2) business days of receipt.

4. All receipts received by the MSCSA shall be reviewed, at least once a month, by the Fiscal Committee. The Executive Director is responsible for ensuring proper and sufficient fund balances in each account of the association.

5. A Balance Sheet shall be provided to members at each GC and General Assembly.

6. Receivables will be determined “past due” and written off 365 (three-hundred and sixty-five) days after the payment was to be received.