[OSGeo Finance] Quickbooks, reserve funds...

[Frank Warmerdam]

Tyler Mitchell (OSGeo) wrote:
> On 15-Oct-08, at 2:35 PM, Frank Warmerdam wrote:
> 
>> 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.
> 
> 
> I think the current trouble is that the GDAL account is considered an 
> income account for tracking the sponsorships.  At some point it seems 
> the funds need to get moved into a different account that fits that 
> "trust" model a bit better.
> 
> The current approach was set up before I was using "classes" to track 
> stuff on another dimension.  For now, though, you can do almost any 
> report (even balance sheet) and then customise it to only show the 
> CLASS=GDAL.  Or better yet, the quarterly summary is a good example too.

Tyler,

I have confirmed that by producing customized reports based on the
class "GDAL" I can establish the position of GDAL project funds.  This
just leaves the need for the overall OSGeo balance sheet to represent
restricted funds.

Best regards,
-- 
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I set the clouds in motion - turn up   | Frank Warmerdam, warmerdam at pobox.com
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