Dear Fellow ACA Members,

The September Treasurer’s and Finance Committee reports are submitted below for your review and information. WSO continues to rely on revenues from book and other inventory item sales to fund our service office. We are always looking for ways to reduce the expenses and increase group contributions so that we become self supporting through our own contributions.

Our 7th Tradition Contributions are holding steady, but we are really hoping they begin to increase with all of the new groups and members showing up in ACA. We still have a long way to go to become self-supporting through our own contributions as our 7th Tradition so wisely suggests.


Treasurer’s Report

The 7th Tradition Contributions are listed under that tab in the left menu. 

Please feel free to contact me at with any questions or comments.

Here is the September 2017 Profit & Loss Statement

We had a surplus in income for the month of $7,919. This is partly because we are currently using a cash based accounting system so expenses incurred during the month like sales tax liabilities are not shown on the P&L until they are actually paid to the states at the end of each quarter. At the start of the new year we plan to follow the auditor’s recommendation and switch to an accrual based system which will give us a more accurate picture of our monthly income and expenses as they are taken the month they are received or obligated whether the cash has actually been received or paid. 


The September 2017 Balance Sheet shows a slight increase in assets over the prior month which is due to literature sales and other income.  

Finance Committee Report

Greetings ACA Members,

Your WSO Finance Committee continues to meet on a weekly basis to work on the measures that will help ACA WSO become a more efficient and transparent organization.

Together we are finalizing plans for changes to WSO’s financial structure that will bring us into the 21st century with our bookkeeping and accounting information.

The committee has been working on developing a new chart of accounts that will be integrated withthe new Quickbooks accounting platform.

In addition to the Quickbooks project the Finance Committee is also working on ways to implement the auditors recommendations which are posted on the Audit Committee page. 

Here is a list of the projects currently active in the FInance Committee:

1. Create an Accounting Procedures Manual
2. Review of Financials for Monthly Board Teleconference
3. Planning for 2018 Budget preparation