Financial management in Teamo?
J
Jim Garside (Wilmslow HC)
Teamo already captures and allows reporting on membership fees, match fees, social tickets etc - the vast majority of our club income. And yet our Treasurer relies on a spreadsheet to track all our other income and expenses through the year to create a cashflow statement against the budget.
Could Teamo be expanded to allow the Treasurer to manage ALL club income and expenses in Teamo, enabling it to generate a cashflow statement against a defined budget (and even a balance sheet)?
Examples of other income to collect:
- sponsorship
- raffle income
- donations
- kit purchases
Examples of other expenses to collect:
- coaching invoices
- pitch hire invoices
- equipment purchases
- kit invoices.
I realise this is quite a big ask, but it would make a huge difference to the running of a club over manually reconciling spreadsheets and bank accounts!
Alternatively we are considering "free" online accounting packages.
Stephen Denman
Kit purchases are now in teamo - you can add products to the payments screen.
You can also collect donations but not track external ones on there
Teamo has now got an intergration with some accounting software - does anyone use it/
M
Matthew Steven
Sounds like the exact way I run the finances for our club. Was thinking of a free (or paid) system but Teamo would be even better.