[OSGeo Finance] Motion: Adopt Financial Reports

[Tyler Mitchell (OSGeo)]

At time of invoicing a sponsor the projected amounts are split  
accordingly.

On 7-Aug-08, at 4:30 PM, Paul Ramsey wrote:

> 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?
>>>
>>

Tyler Mitchell
Executive Director
Open Source Geospatial Foundation
tmitchell at osgeo.org
P: +1-250-277-1621
M: +1-250-303-1831