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ENGLISH DOCS FOR THIS DATE- Basic FBO Duties (FIN-3) - P710217 | Сравнить
- Basic FBO Duties (FIN-3RB) - P710217RB82 | Сравнить
- Handling of Bounced Checks and Refunds (FIN-3-1RA) - P710217-1RA | Сравнить

RUSSIAN DOCS FOR THIS DATE- Основные Обязанности БАФ (ФИН-3) (ц) - И710217RD00 | Сравнить
- Работа с Неакцептованними Чеками и Возврат Денег (ФИН-3-1) (ц) - И710217-1RC00 | Сравнить

SCANS FOR THIS DATE- 710217 Issue 2 - HCO Policy Letter - Class VII [PL018-037]
- 710217 Issue 2R - Board Policy Letter - Class VII [BPL06-006]
- 710217-1R - Board Policy Letter - Handling of Bounced Checks and Refunds [BPL06-055]
- 710217-1RA - HCO Policy Letter - Handling of Bounced Checks and Refunds [PL099-005]
- 710217R - Board Policy Letter - Basic FBO Duties [BPL07-056]
CONTENTS BASIC FBO DUTIES ORG CASH COLLECTIONS FP LINE BANK ACCOUNTS Cохранить документ себе Скачать
HUBBARD COMMUNICATIONS OFFICE
Saint Hill Manor, East Grinstead, Sussex
HCO POLICY LETTER OF 17 FEBRUARY 1971RB
RE-REVISED 27 OCTOBER 1982
(Cancels and replaces
BPL 17 Feb. 71R, same title.)
Remimeo Finance Packs SO and Scn Orgs Finance Series 3RB

BASIC FBO DUTIES

(This issue was originally issued as a policy letter taken from notes of a conference by the Founder. It was approved by the Founder and adopted by the Board of Directors including the Bank Accounts section written by the Founder. It was revised and reissued incorrectly as a BPL dropping the Founder’s section on Bank Accounts. It is being reissued at the request of the Church of Scientology International in original form, revised to align with new Int Finance Network and with correct signatory and issue type. It now has the full force of policy.)

References:

ORG CASH COLLECTIONS

The FBO collects the cash from Div III.

He verifies what he has received.

He gives a receipt for it.

He writes it all down in his records, making a total list of what the monies are.

He makes out a bank deposit slip.

He goes to the bank and he deposits the money in his FBO No. 1 Account.

FP LINE

Exec Council of the org passes on and finalizes its FP and hands it to the FBO who verifies it by production for himself.

The FBO writes a transfer check from his FBO No. 1 Bank Account and just transfers the FP amount to the org’s bank account (Main Account).

The org’s own officers are signatories on their own bank account.

The FBO and the Finance Enforcement Officer of the org are signatories on the FBO account. Where there is no Finance Enforcement Officer, the D/FBO or CO or ED are cosignatories.

The FBO has a second bank account (FBO No. 2) to which he transfers money for management expenses.

He transfers money from the first (FBO No. 1) account to SO (not org) reserves.

The FBO keeps an invoice-disbursements system on his No. 2 Account.

The FBO never spends any money out of his No. 1 Account. Money goes into it and is transferred out of it. Only transfer checks are drawn on it (to SO reserves or to Org Main Account).

The FBO keeps enough float in his No. 1 Account to cover bounced checks. Checks bounce ONLY on that account.

The minute a check bounces or fails to clear, the FBO reports the drawer for false report and personally contacts him to establish whether the check should be represented or another check drawn.

This transaction does not go through the org Div III and is not entered on the org’s books. The org is left in the position of the customer’s friend. It is the FBO who is the customer’s devil.

Div III collections have to do with collecting Qual credit invoices and advanced payments and any other credit advanced by the org.

BANK ACCOUNTS

FINANCE OFFICE (org name) NO. 1 ACCOUNT. Signatories: FBO of the org and Finance Enforcement Officer of the org as well as international officers. No org officers except as needed in the absence of the Finance Enforcement Officer and D/FBO. Transfers only. Requires both signatories.

FINANCE OFFICE (org name) NO. 2 ACCOUNT. Signatories: FBO of the org, Finance Enforcement Officer of the org and international officers. No org officers except as needed in the absence of the Finance Enforcement Officer and D/FBO. Management expenses, no org expenses. Requires both signatories.

ORG MAIN ACCOUNT. Receives only monies transferred from FBO Account No. 1, never from Cashier. Usual org signatories. The allocation received from the FBO goes into this account. All org expenses, salaries, etc., are paid from this account.

ORG RESERVE ACCOUNT. Receives any funds like building fund org is holding as reserves for the org as saved from allocations. Held by and signed on by the org officers.

HCO BOOK ACCOUNT. Used as per policy. Any monies belonging to it collected by FBO, into his No. 1 Account and transferred to HCO Book Account by him. Usual org signatories and D/FBO who is the holder of the checkbooks.

L. RON HUBBARD
Founder
Revision written at the request of the
CHURCH OF SCIENTOLOGY INTERNATIONAL
Adopted as official Church policy by the CHURCH OF SCIENTOLOGY INTERNATIONAL
CSI:LRH:iw.gm