An A.A. group can choose one of two methods for handling money.

Personal Bank Account / Coffee Can

• With a personal account the group’s money is mixed with the treasurer’s personal money.
• The treasurer pays expenses with personal checks, and personal debit card.
• There is just one required signatory – the treasurer is solely responsible for his/her personal account.
• When the treasurer changes, the bank account must also change to a personal account belonging to the new treasurer.

Group (Business) Bank Account

• The group’s money is not part of the treasurer’s personal account, or personal money
• The treasurer pays expenses with business checks that list the group’s name
• Two (2) signatories are responsible for the account; the group treasurer, and another trusted servant.
• The group account is opened with a tax ID; an EIN – Employee Identification Number.
• An online Tax postcard (N-990) is filled in each year.
• There is a responsible party, who serves as contact person for the IRS. This responsible party changes when the treasurer changes.
• When the treasurer changes the Bank Account remains; it is updated with the new signatory’s (treasurer’s) information