Next Challenge
  • Home
    • About Us >
      • Our Team >
        • Osborne Park
        • Mandurah
      • Acknowledgement of Country
      • The Clinic
      • Policies
  • Therapy Access
    • NDIS
    • Speech Pathology >
      • Typical Speech Sound Development
    • Occupational Therapy
    • Mealtime Therapy
    • Physiotherapy
  • Store
    • Teacher Tools
    • Parent Tools
    • Therapist Tools
    • Screening Tools
    • Workshops
  • Schools
  • Resources
    • Speech & Language
    • Occupational Therapy
    • Disability Support
  • Contact us
  • Blog

Financial Requirements Policy

Income
Next Challenge collects income from therapy service provision, education sessions, product sales and consultancy services to other organisations.  Income is generated by Directors and Employees of Next Challenge.  Income generation is the priority task for Next Challenge.

Expenditure/Liability
Expenses above $200 require the approval of both Directors

Expenditure above the set budget for a budget category must be planned and allocated by an increase in budget for that area, or by reallocation from another category budget.
Budgets are set at the start of the financial year and reviewed regularly during the year.

Payroll
Payroll is prepared by a Director for payment on a Friday 2 weeks in arrears from service provision.  Employees receive direct payment to a nominated bank account and are responsible for updating bank account details as needed. Employees are provided with a pay slip detailing payments.  Employees are requested to check and query pay-slips for any discrepancies within two weeks for amendment.

Errors in payroll calculations will be checked by the payroll Director and altered as required within a month.

Date of Policy: March 2004
Review Date: July 2018
Due for Review: July 2021
(c) Next Challenge 2021.
Next Challenge acknowledges Aboriginal and Torres Strait Islander people as the traditional owners of this country and its waters. We wish to pay our respects to Elders past, present, and future.
Picture
Picture
Picture
Picture
  • Home
    • About Us >
      • Our Team >
        • Osborne Park
        • Mandurah
      • Acknowledgement of Country
      • The Clinic
      • Policies
  • Therapy Access
    • NDIS
    • Speech Pathology >
      • Typical Speech Sound Development
    • Occupational Therapy
    • Mealtime Therapy
    • Physiotherapy
  • Store
    • Teacher Tools
    • Parent Tools
    • Therapist Tools
    • Screening Tools
    • Workshops
  • Schools
  • Resources
    • Speech & Language
    • Occupational Therapy
    • Disability Support
  • Contact us
  • Blog