Financial Planning

Using The WUSA Clubs Bank Account WUSA Accounting will provide all clubs a WUSA bank account free of charge.

• Though clubs do not have direct access to this account, clubs are able to make deposits, have cheques issued to people or businesses, as well as using WUSA Accounts Receivable for invoicing.
• All club financial transactions MUST be through their WUSA club account. This means, all money gets deposited into the club account and then paid out, via a cheque to either a club member for buying approved club expenses or to a business who sent an official company invoice.
• Expenses and charitable donations must also be withdrawn from the club account via a cheque request and not from cash on hand. Any sponsors or sponsorship requests must be approved by the Clubs Manager. Donations must be made to a registered Canadian charity with a charitable number.

Cash Boxes

If you are in need of a cash box for your event please reply to your event approval email with:

• A list of items you are selling
• The prices of each item
• A time you can come pick it up between Monday-Friday 9:30am-11:30am and 1:30pm-4:00pm.
  • If your event is on a weekend, please pick a time on Friday to come pick it up.
• All money collected must be deposited into the Club Account immediately as per the cash handling policy.
• You can also request a float of $30-$40 depending on the money in your club bank account.
• The club is financially responsible for any damages.

Portable Debit/Credit Machine

If you are in need of a terminal for your event please reply to your event approval email with:

• A list of items you are selling
• The prices of each item
• A time you can come pick it up between Monday-Friday 9:30am-11:30am and 1:30pm-4:00pm.
  • If your event is on a weekend, please pick a time on Friday to come pick it up.
• WUSA absorbs all transaction fees for your club.
• The machine must be returned by 9am next business day.
• The club is financially responsible for any damages.