Get Mn Lawful Gambling Lg903 Physical Inventory Control/bingo Paper Monthly Summary 2016-2025

The MN Lawful Gambling LG903 Physical Inventory Control/Bingo Paper Monthly Summary is a crucial document for tracking inventory and reporting discrepancies in lawful gambling activities. This guide provides clear, step-by-step instructions to assist users in completing the form accurately online.

Follow the steps to fill out your monthly summary form:

1. Click ‘Get Form’ button to obtain the form and open it in your chosen online editor.
2. Enter your organization name and license or premises permit number at the top of the form. Be precise to ensure accurate records.
3. Indicate the month and year you are reporting by filling out the corresponding fields.
4. In Part 1, provide a detailed description and serial number for each type of bingo paper in your inventory. Use the first column for this information.
5. Transfer the control numbers from your previous forms, LG900, LG901, LG902, or LG930, into the second column for accurate tracking.
6. Record the ending balance amounts from the specified columns of LG900, LG901, LG902, or LG930 into the third column.
7. Complete a physical count of your bingo papers and enter this number into the fourth column. Ensure someone who is not responsible for the LG900 series forms performs this count.
8. Calculate and enter the variance, representing the difference between the ending balance and the physical count, into the fifth column.
9. Enter the invoiced cost per unit for each type of bingo paper from the appropriate LG900 or LG902 sections into the sixth column.
10. Multiply the physical count by the cost per unit to get the total cost and enter this into the seventh column.
11. Ensure that the total in the seventh column is signed in ink by the person conducting the inventory, along with the date.
12. Move to Part 2 and document any discrepancies noted in Column 5. Provide a detailed explanation and calculations for each variance.
13. Sign and date the form in ink, and ensure that the title (CEO or Gambling Manager) is indicated as required.
14. Finally, save the completed form. You can choose to download, print, or share it as necessary. If total variances exceed $50, make sure to mail a copy of the completed LG903 to the Minnesota Gambling Control Board by the specified deadline.

Complete your MN Lawful Gambling LG903 form online to ensure compliance and accurate record-keeping.