One critical task for each troop, no matter what grade level, is to keep excellent records and establish a clear accounting system for all money earned and spent. As the troop’s troop leader or treasurer, you’re in charge of making sure money is spent wisely and that excellent records are kept (keeping copies of all receipts in a binder or folder), and tracking all income, too.
For an in-depth look at what goes into keeping excellent records, please go to Reporting Responsibilities