Morristown Rotary Dinner Club Bookkeeping 101

  1. Appoint a "Bookkeeper" for the evening.
  2. Each couple submits their expenses to the Bookkeeper. Round off each amount to the nearest dollar.
  3. Bookkeeper adds up the total expenses, divides the total by the number of couples, and arrives at the AVERAGE! Round off the average to the nearest dollar Any couple that contributes less than the average must give the difference to the Bookkeeper. He (or she) puts the money in the POT!
  4. The Bookkeeper gives the couples that spent more than the average enough money from the pot to bring down their total expense to the "average"
  5. Each couple should bring enough singles and other cash to make  this work easily.

Example:

  1. Four couples’ expenses
    • 23.38 rounded to 23
    • 38.75 rounded to 39
    • 17.49 rounded to 17
    • 42.05 rounded to 42
    • Total: 121
  2. Divide by 4, round off, average is 30.00
  3. Couple #1 puts 7.00 in pot
  4. Couple #3 puts 13.00 in pot
  5. Total pot: 20.00
  6. Couple #2 gets 9.00 from the pot
  7. Couple #4 gets 11.00 from the pot
  8. Couple #4 is short 1 dollar. (too bad, who ever said life is fair?)

Note to Bookkeeper:: Make sure that they have all had enough to drink so that #4 doesn’t miss the dollar!