
PTA and PTO Treasurer Bookkeeping: The Fund-Accounting Playbook Every Volunteer Parent Group Needs
Miss three straight Form 990 filings and the IRS revokes your PTA or PTO exemption automatically — here is the treasurer playbook that prevents it.
#bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows

Miss three straight Form 990 filings and the IRS revokes your PTA or PTO exemption automatically — here is the treasurer playbook that prevents it.

Intuit Assist escalates judgment calls to you; Xero's JAX automates the full lifecycle. Generalist AI topped 77.3% accuracy in 2026 — let it draft, you post.

A US sailing school's keelboat becomes an uninspected passenger vessel once students pay: defer course revenue, cost each hull, line-item USCG compliance.

The SBA's May 2026 expansion gives International Trade Loans a 90% guarantee and deems all manufacturing plus food supply chain NAICS codes import-injured.

Squarespace replaced Personal and Business with Basic ($16), Core ($23), Plus ($39), and Advanced ($99) — and digital-product fees now run 7% to 0% by tier.

Debits equal credits, yet your books can still be wrong — omissions, duplicates, and wrong-account postings all sail through a balanced trial balance.

Refill shops lose 3–8% of revenue to shrink. Weigh vessels weekly, ring deposits as liabilities, and track margins by category to keep every ounce.

Purchased alpaca breeding stock depreciates over 5 years (Section 179 eligible); raised crias have zero basis. Grade fleece by micron and file on Schedule F.

FHA, VA and USDA mortgages can be assumed at the seller's 3% rate while new loans cost 6.76%; the catch is the equity gap due at closing.

A "$1 per sale" charity promise makes you a commercial co-venturer in 20+ US states. Register in 7, name the number in every ad, and avoid the IRS UBIT trap.

Under federal FLSA rules, exempt employees are owed full salary for any holiday-shutdown week they work at all; require PTO use instead of docking pay.

A draw against commission is an advance settled against later commissions. Once paid it is wages under the FLSA, so never claw it back from a final paycheck.