The TL;DR (too long, didn't read) is a super condensed version of the guidebook- this is not a replacement for the guidebook, just a summary. If you are a financial officer make sure you read the full document.

**Please understand how taxes work for EUS groups

**Everything is budgeted for the PRE-Tax amount

**Departmental Budgets should be reviewed each semester by EUS Council, but does not require approval.

**Clubs & Design Teams should maintain their own financial records.

**Pink Form found in the EUS Office. Used to get a cheque processed for reimbursement or for a large payment to a company

**Cheques processed every Wednesday. Deadline to submit each week is Tuesday afternoon, or else it will wait till the following Wednesday.

**See the 50% tax rule when providing free food or service

**Deposit Envelopes can be found in the EUS Office for cash and cheque deposits.

**See example of a correctly filled out deposit envelope.

**If you are depositing cheque(s), you must make a copy of the cheque(s) and staple it to the top white slip before you deposit it.

**Inform the VP Finance and Dianne of any in-coming sponsorship cheques, whether it’s from MESC or from an external company

**EUS Operating Budget

**Clubs Fund

**Engineering Departments

**External Sponsors

**Must be submitted 5 business days beforehand

**Fill out both sections of the purple form

**Return the float in the cash box in an orderly fashion

**Must be signed by both parties

**Up to the EUS groups to fill out internal transfer after a shared Blues Pub

**Not processed as regularly as cheques or deposits

==Sections==