Accounting Problem Statement: Difference between revisions
Jump to navigation
Jump to search
(Created page with "The simplest and most transparent accounting mechanism is proposed: *All money raised is categorized *All purchases are made via credit card or check and are annotated on an on...") |
No edit summary |
||
| Line 1: | Line 1: | ||
The simplest and most transparent accounting mechanism is proposed: | The simplest and most transparent accounting mechanism is proposed so that it does not require more than 1/2 hour of work per month: | ||
*All money raised is categorized | *All money raised is categorized | ||
| Line 8: | Line 8: | ||
*Money in = money out. | *Money in = money out. | ||
Is this a workable plan? | |||
[[Category:Problem Statements]] | [[Category:Problem Statements]] | ||
Revision as of 20:40, 6 April 2011
The simplest and most transparent accounting mechanism is proposed so that it does not require more than 1/2 hour of work per month:
- All money raised is categorized
- All purchases are made via credit card or check and are annotated on an online account on an ongoing basis.
- All receipts are saved.
- The accounting is a monthly statement printout, which is also published on the wiki on a protected page for transparency.
- Quarterly totals for money raised and money spent is tallied from 3 monthly statements in a straightforward manner.
- Money in = money out.
Is this a workable plan?