[OSGeo Finance] Motion: Adopt Financial Reports

[Paul Ramsey]

I guess I'm wondering where/when the funds get broken into general
revenue category and restricted category.

P

On Thu, Aug 7, 2008 at 4:05 PM, Tyler Mitchell (OSGeo)
<tmitchell at osgeo.org> wrote:
> Are you referring to tracking the GDAL project funds for the PSC to use?
>  Those funds are lumped in as income at the high level, but are ultimately
> tracked as Income->Donations->Project Restricted - e.g. see:
> http://www.osgeo.org/files/finance/reports-2007/2007_end_income.html
>
> Whereas as foundation sponsorship levels have their own accounts.
>
> Unless I'm mistaken, there weren't any outstanding liabilities or contracts
> for use of the funds - perhaps that is what you are thinking of?  All
> contracts were wrapped up by end of the year.
>
> For billing costs against GDAL, they are tracked as a CLASS.  So you can see
> pretty much the whole picture re: GDAL here in the 4th column:
> http://www.osgeo.org/files/finance/reports-2007/2007_end_classes.html
>
> Does that answer your question?  We had a lot of back and forth on tracking
> GDAL funds this past year, I'm going to re-check.  I think some 2007
> contracts weren't paid out until 2008 - and I suspect I missed that.
>
> Tyler
>
>
>
>
> On 7-Aug-08, at 2:49 PM, Paul Ramsey wrote:
>
>> Does this mean that we are recording the liabilities associated with
>> project sponsorships at the same time we are recording the asset?
>>
>