Mailinglist Archive: opensuse-foundation (71 mails)

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Re: [opensuse-foundation] Purpose of the Foundation; help refine the definition
  • From: Per Jessen <per@xxxxxxxxxxxx>
  • Date: Thu, 27 Jan 2011 11:18:16 +0100
  • Message-id: <ihrgp8$pmf$1@saturn.local.net>
Basil Chupin wrote:



[1] http://en.opensuse.org/openSUSE:Accounting

I have read what you wrote above which is really a repetition of what
that URL you provided also contains.

So, the intention is to use a spreadsheet to record any revenues and
to record expenses?

It's not such a bad idea - double-entry book-keeping software as that
from Banana Software (www.banana.ch) is nothing more than a glorified
spreadsheet.

OK, and you are going to keep any monies you receive in a shoe box
kept by someone under his/her bed and when some monies are received
some mysterious person - obviously the person who goes to the post
office to check for any mail - will place the cash or cheque (US
lingo: check) into the shoe box. But what happens if s/he puts the
cash/cheque into her/his pocket? Won't there be anyone to ensure that
what was received is actually placed into the shoe box?

I would assume shoe box = bank account. Any cash payment should be made
to the cashier who would also issue a receipt on behalf of the
organisation.

And then some bills have to be paid. Who is going to take the money
out of the shoe box and pay the bill?

Whoever has access to the bank account. Presumably again the cashier or
someone to whom the task was delegated.

And will there be anybody to make sure that what is taken out of the
shoe box (by whoever - in fact, who IS it going to be?) is actually
the right amount and not some many dollars over what the bill is which
then ends up in the pocket of the person who is taking the money out
of the shoe box to pay that bill?

I assume the organisation would appoint an auditor who would carry out
an annual audit etc.

And there will be cases when the revenue "you" may receive is subject
to tax. Somebody will be able to record on the spreadsheet what part
of such a payment is subject to tax and which part is not and how much
tax is to be paid on the taxable bit, right?

This sounds like income tax in which case it is applied annually to
whatever profits the organisation has made.



--
Per Jessen, Zürich (1.6°C)

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