[OSGeo Finance] Cancelling Invoices, and restating results

[Tyler Mitchell (OSGeo)]

On 16-Apr-09, at 9:30 AM, Frank Warmerdam wrote:
> I did this desiring to establish a presumption of renewal with the  
> sponsors
> (something PCI used to do with maintenance for instance) rather  
> than ask
> a question that is easy to say no too.  I had not anticipated the  
> accounting
> challenges this might imply!

At least we have a process in place for handling the "bad debt"  
brought on by these unpaid (and unsolicited) invoices now.  The  
upside is that having them show up on the balance sheet has helped to  
remind us to follow up on them.