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Set up a new current account at Monzo/Metro Bank/your bank of choice, in your or whoever's name, and make sure all payments go from that? If it's known that this is the subs account only, and not a personal one, then there shouldn't be the pressure on someone using their personal current account to cover everyone and then have to chase the subs.
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I’m guessing five-a-side teams have this sort of challenge, but maybe you just need a nominated bursar who pays out of their own account and manages chasing subs themselves?
Having done this on and off for 20+ years.
Pay. Take ownership. Be polite but relentless about chasing people to pay.
A simple spreadsheet, or piece of paper, is all you need. If you're endlessly polite and forgiving and don't chase people you'll lose money.
Any admin is 1/1000th of the hassle of actually getting people to pay up.
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si_mon628
Greenbank
@J0nathan
Can anyone recommend a simple solution to managing group subs?
To explain: there is a group of individuals and we are starting to have regular small sub fees. We could all do with chipping in for other reasons - printing, hosting fees, advertising etc.
Is there a simple way to manage a fund for all this that we all set up a small standing order (£20-£30) a month that acts as our fund for the regular subs, and stored funds for ad hoc expenditure?
I’m guessing five-a-side teams have this sort of challenge, but maybe you just need a nominated bursar who pays out of their own account and manages chasing subs themselves?