[OSGeo Finance] Quickbooks, reserve funds...

[Frank Warmerdam]

Paul Ramsey wrote:
> I think doing this abuses the definition of equity, which is
> underlying value of the asset (in this case, OSGeo). But someone
> smarter than I can opine better.

Paul,

If not equity, then perhaps it should be listed as a liability?  I
see the quickbooks interface supports creating a liability register
for funds held in trust which is roughly what we are doing.

Best regards,
-- 
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I set the clouds in motion - turn up   | Frank Warmerdam, warmerdam at pobox.com
light and sound - activate the windows | http://pobox.com/~warmerdam
and watch the world go round - Rush    | Geospatial Programmer for Rent