Welcome to JA BizTownVolunteer Training

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Volunteer Training Goals

By the end of this training, you will understand:

• the JA BizTown program overview.• your role and responsibilities

necessary for a successful JA BizTown student visit.

• the operation of the on-site simulation.

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JA History Junior Achievement

1919 Founded 1950 Central Ohio2005 JA Worldwide

JA BizTown2002 Opened as Exchange

City1650 students

2007 JA BizTown9770 students

Almost 50,000 5th & 6th graders

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Curriculum

4-week In-class lessons What makes a community? Why do we need financial institutions? What do I want to be when I grow up? How do I run a business?

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The JA BiztownCity

14 Businesses Each has CEO and CFO

6-7 studentsTakes out a Business LoanProvides goods or servicesGoal is to pay back the loan

Citizens are paid for working in their shopsUse their $ to buy items at JA BizTown

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What is Your Role?

• Coach your “team”

• Provide guidance and assistance to students.

• Run student staff meetings.

• Monitor student and business progress.

• Help CFO’s and students with checkbooks.

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Personal Accounting

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Deposit Ticket

April 17 07

John Hancock

127

82

82

82

00

6

28

8

John Hancock

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Checkbook Register• The beginning balance should be 0.00.• Net deposit (payroll check minus cash out)

only.

• Students make double entries (2 entries):

deposit column and balance column

payment column and balance column

show math work in balance column

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Checkbook Register

0. 00

6 826 82

Deposit 14/17 6 82

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Savings Account

• A mandatory $1.50 check is written (at school) to open personal savings account.

• Opening of savings account takes place on the first break.

• Each student pays the Savings Officer.

• This savings check must be recorded and subtracted on the Checkbook Register.

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Savings Account

JA BizTown Bank1.50

One and 50/100------------------------

Savings Account

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Deposit to Savings

0. 00

6 826 82

Deposit 14/17

4/17 Savings

6 82

1 50 1 50

5 004/17 Best Buy 5 005 32

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CFO Computer Responsibilities

• Pay Bills

• Print Employee Payroll Checks

• Print Business Checks

• Make Business Deposits

• Check Loan Balance

• Review Accounting Report

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Business Costs Sheet

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Set Up Employees

Setting-Up Payroll:•Looking at the right side of your computer screen, find the button labeled “Employees” and click on it using your mouse.

•Using the salary information found at the top of the Business Cost Sheet, enter each employee’s first and last name, enter his or her account number, and select his or her correct job title.

•Notice that after selecting the employee’s job title, the salary and tax amounts will auto-fill in the spaces on screen.

•Click on Add Employee

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Before First Break:

Click on the “payroll” button (found on the right side of the screen). Select pay period “1” and an employee name to complete the payroll check. Finally, click on the “Print Check” button at the bottom of the screen.

Before Second Break:

Print all payroll checks for pay period #2.

The CEO signs the checks

Print Payroll Checks

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Business Checks

Click on the “Pay Bills” button and follow the directions on screen to pay the amounts due. Continue to use the CFO Accounts Payable Checklist to track which bills have been paid.

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Business Deposits

• Click on the “deposits” button and follow the on-screen directions.

• Complete the information requested for each check and print the business deposit ticket.

• Place the deposit ticket and all sales checks into your bank bag.

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Accounting Report

Click on the “Check Register” section (right side of the computer screen) to print the Accounting Report for your business. File it with any other business papers to be taken back to school at the end of the day.

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Daily Schedule15 minutes Welcome and Orientation

45 minutes Start Up Time – uninterrupted time for students to read/review job responsibilities, begin working

15 minutes Opening Town Meeting – Led by Mayor, CEO’s of shops selling items have opportunity to speak

20-30 minutes each

Red, Yellow, & Green 1st Break Rotation First employee bank deposit, open savings account,

lunch sessions and retail businesses open for sales

10 minutes Uninterrupted staff meeting at each business

20 minutes each Red, Yellow, & Green 2nd Break RotationSecond employee bank deposit, shopping continues

10 minutes Business Clean Up

10 minutes Final Staff Meeting Review observations/learning opportunities of the day

15 minutes Closing Town Meeting Mayor speaks, end of the day reports

Dismissal

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• Use Volunteer Manual script.

• Have CEO locate BizPrep envelope

• Review student checkbooks for completion of first deposit ticket, checkbook register entries, and check written for $1.50 to open Savings Account.

• Review students’ job responsibilities.

• Direct students to begin reading Job Simulations.

• Assign correct employee to purchase Business supplies. ($8.00)

Start-up Time

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Opening 15 Minute Meeting

• Mayor’s Welcome speech

• CEOs present overview of businesses

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Break Rotation #1

Three break sessions-20 minutes each (Red, Yellow, Green)

• Employees make first bank deposit and open savings account with check to Bank for $1.50.

• $2.00 in cash is withdrawn.

• Lunch sessions

• Retail stores open for business

• Cafe open for business-cash only.

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10 Minute Staff Meeting

• Prepare students for next bank deposit.

Complete Deposit Ticket.

Enter Net Deposit into Checkbook Register.

Assess business progress for the day.

Remind students to have lunch and SHOP!

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Break Rotation #2

Three breaks-30 minutes each (Red, Yellow, Green)

• Second and final bank deposit

• Final shopping time

• Employee lunch (3 sessions)

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Business Clean-Up

• Businesses restored to original set-up

• Remaining inventory organized

• Final Town Meeting preparation

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Final Staff Meeting

• Business reflection

• Personal reflection

• Learning observations

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Reminders

Arrive 30 minutes before the school is scheduled

Please make sure you bring your lunch.

Casual dress