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Get the free School Activity Fund Inventory Control Worksheet Form F-SA-5

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FSA5 SCHOOL ACTIVITY FUND INVENTORY CONTROL WORKSHEET School Activity Account Type of Inventory Vendors Reporting Period 1. Beginning Inventory (What you start with) Item Count x Sales Price Total
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How to fill out school activity fund inventory

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How to fill out school activity fund inventory:

01
Gather all relevant documents and receipts related to the school activity fund.
02
Start by listing all income sources, such as fundraisers, donations, and grants.
03
Itemize all expenses incurred by the school activity fund, including supplies, equipment, and event costs.
04
Categorize the expenses into appropriate categories, such as transportation, materials, and fees.
05
Calculate the total income and total expenses for the school activity fund.
06
Ensure that all expenses have supporting documentation and receipts attached.
07
Review the inventory for accuracy and completeness.
08
Submit the filled-out school activity fund inventory to the designated authority or accounting department.

Who needs school activity fund inventory:

01
School administrators and principals need the school activity fund inventory to ensure transparency and accountability in handling funds.
02
Auditors and government authorities may require the inventory to assess the financial status and compliance of the school activity fund.
03
Parent-teacher associations and other stakeholders may request the inventory to monitor the financial activities of the school.
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The school activity fund inventory is a detailed record of all assets, liabilities, and transactions related to the funds used for school activities.
The school administrators or designated personnel are required to file the school activity fund inventory.
To fill out the school activity fund inventory, gather all financial records related to school activities, list all assets and liabilities, and record all transactions accurately.
The purpose of school activity fund inventory is to track and document the financial activity of school funds designated for extracurricular activities.
The school activity fund inventory must include all assets, liabilities, revenues, expenses, and any other financial transactions related to school activities.
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