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State of FINCOM, August 2011
FINCOM – AUGUST 2011

Once again, IC has come and gone… back to our normal routines, back to our respective chapters and MSGs, and back to business as usual in the FINCOM department.

I'd like to thank Mark Anbinder for presenting my report at the International Muster and reporting on how financially sound we are as a Corps!  I'd like to also again congratulate as was awarded at IC the 2011 SFMC Scholarship to Jefferey Triz of the 7th Brigade!!

As always, I'd like to keep you up-to-date on our finances in the Corps.  The following is a summary of the
finances of the SFMC for August 2011:

SFMC Checking Account

Beginning Balance 7/26/2011- $3,751.06

Credits

8/2/2011 – Transfer of sales for PayPal - $78.94                
8/16/2011 – Deposit of Cash sales from IC - $464.28                
8/22/2011 – Transfer from Scholarship Fund - $250.00

Debits

8/3/2011 – USPS mailing of order - $1.71                
8/5/2011 – USPS mailed QM materials to IC - $54.85                
8/9/2011 – Check #1002 – Jeffrey Triz-Scholarship - $250.00                
8/23/2011 – USPS mailing of order- $1.71

Total Change to account - $484.95

Ending Balance 8/28/2011 – 4,236.01

SFMC Scholarship Account

Beginning Balance 7/26/2011- $2,974.64

Credits  7/29/2011 Interest Earned - $0.20

Debits 8/22/2011 Transfer to Checking for Scholarship Award - $250.00

Total Change to Account – $(249.80) Ending Balance 8/28/2011 - $2,724.84

Thank you all for keeping the SFMC financially sound!  Linda and I will be replenishing the QM soon, so look for these numbers to drop… but don't be alarmed, that just gives you all an opportunity to get that uniform looking sharp and ready for your next summit or chapter function!

Take care Marines and carry on,

MGN Patrick McAndrew
Commanding Officer, Finance Command