What types of financial transactions occur during Hall Preparation?

The finance team manages incoming payments from registrations and services, while also handling expenses related to logistics, vendor services, staffing, and other event-related operations.

What role does the finance team play in employee hiring?

The finance team supports the recruitment process by ensuring proper financial documentation and payment procedures for hired staff such as cashiers, volunteers, and security personnel.

Why is tracking both income and expenses important at this stage?

Tracking income and expenses helps maintain budget control, ensures timely payments to vendors and staff, and allows the event to be executed smoothly without financial disruptions.

10. Finance / Hall Preparation (Step 3)

Description

This section outlines the Finance team’s tasks during Step 3 of Hall Preparation. It involves managing ongoing income from partner registrations and services while simultaneously tracking and handling expenses related to logistics, vendor services, and other event operations. Additionally, the finance team supports the hiring process for essential staff such as cashiers, security personnel, and volunteers, ensuring proper financial and contractual procedures are followed. These efforts help maintain budget control and ensure the event is properly staffed and funded.