As a new school year begins, ECA treasurers and school financial staff are preparing for another busy year of managing receipts, deposits, disbursements, reconciliations, and reporting. While experienced users may be familiar with these processes, the start of the year is the perfect time to refresh essential ECA procedures and ensure your records remain accurate, organized, and audit-ready. From balancing fund accounts to completing monthly reconciliations, consistent financial practices help build confidence throughout the year and make month-end and year-end responsibilities significantly easier to manage. Review Your Monthly ECA Reconciliation Process One of the most important responsibilities in activity fund management is performing regular bank reconciliations. A successful reconciliation process ensures your accounting records match the transactions reflected by your financial institution. Before beginning a reconciliation, verify that you entered all receipts, deposits, interest earnings, and bank charges for the period correctly. Once transactions are up to date, compare cleared deposits and checks against the bank statement and identify any outstanding items. The goal ...