account for 2012-07 by kaguillera · Pull Request #2 · gratipay/finances

kaguillera · 2016-01-13T20:37:28Z

The initial entries for transactions for the 2012-07 month. @whit537 Please give me the Gittip DB entries for that payday. Thanks

chadwhitacre · 2016-01-13T21:08:57Z

2012/07.dat

This'll be Samurai, actually. IHAM never moved to Stripe.

chadwhitacre · 2016-01-13T22:29:17Z

Here's a snip from the reconciliation dashboard I'm working on:

Date         Charges  Payouts  Income   Escrow Δ
------------------------------------------------
2012-07-06    375.24     0.00   33.63     341.61
2012-07-11      0.00    24.30    0.00     -24.30
2012-07-13    555.27     0.00   46.14     509.13
2012-07-20    509.51     0.00   46.29     463.22
2012-07-27  1,623.21     0.00   99.31   1,523.90

kaguillera · 2016-01-14T16:24:48Z

Date         Charges  Payouts  Income   Escrow Δ
------------------------------------------------
2012-07-06    375.24     0.00   33.63     341.61

For the above data taken from the gittip database we should have charged users cards $375.24 for which $341.61 would go to the persons they wish to tip and the $33.63 used to pay Stripe for processing the credit cards of the users. However the actual fees that Stripe took based on the sum of fees for that data transactions from [https://github.com/gratipay/logs/blob/master/statements/csv/2012/07/stripe.csv] it is only $30.11 and we actually get $345.13 in our New Alliance account. So the question is how do we account for that?
P.S. See no Evernote 😃

kaguillera · 2016-01-14T16:51:46Z

So the $345.13 which is the total charged by Stripe to users minus the fees they take match the amount deposited in New Alliance account ( this is expected ).
What happened on the Gittip DB?

kaguillera · 2016-01-14T17:10:51Z

The question is how much should the data in the Gittip database affect or be reflected on the Accounting system. Since the actual money is in the Stripe and New Alliance accounts it just means that our internal records (Gittip database ) may be wrong. Do we need to make sure that it is 100% correct?

kaguillera · 2016-01-14T17:16:46Z

At the risk of adding insult to injury the second-to-last record in the table i.e.

Date         Charges  Payouts  Income   Escrow Δ
------------------------------------------------
2012-07-20    509.51     0.00   46.29     463.22

Does not match the Stripe records. New Alliance shows a deposit of $468.06 and Stripe records show that the deposit should have been $468.64. Only a difference of $0.58, but a difference non the less. Thus all three sources in information have different values.

kaguillera · 2016-01-14T19:38:56Z

Am I missing something??

Date         Charges  Payouts  Income   Escrow Δ
------------------------------------------------
2012-07-27  1,623.21     0.00   99.31   1,523.90

The above is from Gittip data right??
Strip data shows that the amount charged to users was $1117.26. Did Paypal make up the difference?

chadwhitacre · 2016-01-14T20:49:24Z

P.S. See no Evernote 😃

!m @kaguillera 💃

chadwhitacre · 2016-01-14T20:52:50Z

Do we need to make sure that it is 100% correct?

Yes! :)

chadwhitacre · 2016-01-14T20:53:58Z

What happened on the Gittip DB?

Don't forget the processing fee buffer!

chadwhitacre · 2016-01-15T02:26:11Z

Ftr we ended up cleaning up #1 and not even really getting to the above issues.

chadwhitacre · 2016-01-15T12:54:52Z

And I guess that's because, in not forgetting the processing fee buffer, we realized that the fee buffer needed some cleanup.

chadwhitacre · 2016-01-27T20:29:01Z

Rebased on master. Old HEAD was 04ac73f.

chadwhitacre · 2016-01-27T20:41:29Z

Rebased on master again, to pick up #4. Old HEAD was 522eb2b.

chadwhitacre · 2016-01-28T20:01:01Z

Wait a sec! Why does this pass?!

$ gb
* 2012-07
  2012-08
  master
$ test.py 
test_net_income_reconciles_with_retained_earnings ... -4658.76 -4658.76
test_income_balances ... good
test_expenses_balance ... good
test_fee_buffer_reconciles ... 402.32 -812.30 -409.98 -71.98 338.00
Traceback (most recent call last):
  File "./bin/test.py", line 108, in <module>
    test_func()
  File "./bin/test.py", line 74, in test_fee_buffer_reconciles
    assert delta == fee_buffer
AssertionError

test_escrow_balances ... 4705.08 -5043.08
Traceback (most recent call last):
  File "./bin/test.py", line 108, in <module>
    test_func()
  File "./bin/test.py", line 43, in test_escrow_balances
    assert escrow_assets + escrow_liability == 0
AssertionError

$

chadwhitacre · 2016-01-28T20:35:44Z

That's better. :)

kaguillera · 2016-02-04T21:52:12Z

Figured out the reason for the discrepancy (#2 (comment))

Date         Charges  Payouts  Income   Escrow Δ
------------------------------------------------
2012-07-27  1,623.21     0.00   99.31   1,523.90

It turns out that from that payday till (I don't know when) wee started using two payment venders (Stripe and Balanced). But there is another problem now. The records from New Alliance only shows the deposit from Stripe of ~$1030 but there is no record of the rest of funds being deposited in New Alliance from Balanced. @whit537 is there another account that Balanced would have deposited to?

chadwhitacre · 2016-02-04T21:55:28Z

Figured out the reason for the discrepancy

!m @kaguillera

is there another account that Balanced would have deposited to?

I believe we didn't start withdrawing funds from Balanced until a while later, since Balanced was designed to hold funds for us (withdrawing funds was a manual process).

kaguillera · 2016-02-04T21:59:53Z

ok cool so we have to add this account to the .dat files.

Another note! We need to remember that from payday 8 we also started charging users a minimum of $10.00 even though there tips were much lower. I am just putting this here as a reminder that we have to deal with that when entering transactions in the .dat files. I think that you would agree that remainder of the funds would reside in the Liabilities:Escrow:New Alliance/Balanced

chadwhitacre · 2016-02-04T22:00:26Z

Agreed.

kaguillera · 2017-02-15T18:23:05Z

Just making a note that we have ported to beancount so this PR will be changing

kaguillera · 2017-02-16T19:42:34Z

Now this PR is blocked by (to be created). The old new reconciliation dashboard does not show
amount payins by payday, vendor and amount which is needed to correctly account for the finances Escrow etc. So the new PR (to be created) should do this.

Blocked by gratipay.#4342

kaguillera · 2017-02-22T20:14:18Z

So just checked Stripe records on line and the 2012-07- 06 hit on 2012-07-20
and also 2012-07-13 also hit on 2012-07-20.

kaguillera · 2017-02-23T18:17:54Z

Ready for review @whit537, @nobodxbodon pending merging of gratipay/gratipay.com#4342 for the verification gratipay payments amount.

nobodxbodon

About closing balance of new Alliance: in statement it's $1,372.49, but assets of balance sheet is 1456.44-83.49=1372.95

nobodxbodon · 2017-02-24T06:16:09Z

FY2013/2012-07.beancount

+; IHasAMoney
+; ==========
+
+2012-07-02 * "We charge a user vis Samurai."


nit: vis -> with?

nobodxbodon · 2017-02-24T06:16:44Z

FY2013/2012-07.beancount

+; Gittip Payday 5
+; ===============
+
+2012-07-06 * "We Charged participants via Stripe"


nit: charged

nobodxbodon · 2017-02-24T06:17:01Z

FY2013/2012-07.beancount

+    Assets:Escrow:Stripe                  341.61 USD
+    Assets:Operations:Stripe               33.63 USD
+    Income:Fees:Stripe                    -33.63 USD
+    Liabilities:Escrow                    -341.61 USD


nit: align please

nobodxbodon · 2017-02-24T06:17:22Z

FY2013/2012-07.beancount

+; Gittip Payday 6
+; ===============
+
+2012-07-13 * "We Charged participants via Stripe"


nit: charged

nobodxbodon · 2017-02-24T06:20:08Z

FY2013/2012-07.beancount

+    Income:Fees:Stripe                    -33.63 USD
+    Liabilities:Escrow                    -341.61 USD
+
+2012-07-19 * "Stripe settlement the net to us"


nit: settled

nobodxbodon · 2017-02-24T06:20:25Z

FY2013/2012-07.beancount

+    Assets:Escrow:Stripe                 1027.29 USD
+    Assets:Operations:Stripe               59.97 USD
+    Income:Fees:Stripe                    -59.97 USD
+    Liabilities:Escrow                   -1027.29 USD


nit: align please

nobodxbodon · 2017-02-24T06:20:47Z

FY2013/2012-07.beancount

+    Liabilities:Escrow                   -1027.29 USD
+
+
+; Startubg to use Balanced as Payment provider


nit: Started?

nobodxbodon · 2017-02-24T06:21:33Z

FY2013/2012-07.beancount

+; ============================================
+
+; Accounts to open next month
+; 2012-07-27 open Expenses:Fees:Balanced USD


Will this be moved to 2012-08.beancount in the other PR?

Yes...just made a reminder for me. But I will remove now since I have already started working on the 2012-08.beancount PR.

kaguillera · 2017-03-01T17:58:57Z

Sorry for all the little errors was on a bus at the time. Will fix these errors

kaguillera · 2017-03-02T17:38:35Z

Blocked for now until gratipay/gratipay.com#3912 is resolved

kaguillera · 2017-04-07T20:46:28Z

About closing balance of new Alliance: in statement it's $1,372.49, but assets of balance sheet is 1456.44-83.49=1372.95

This was corrected in ad77314. Please check it was the appropriate changes.

chadwhitacre reviewed Jan 13, 2016
View reviewed changes

2012/07.dat Outdated

Copy link

Contributor

chadwhitacre Jan 13, 2016

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

This'll be Samurai, actually. IHAM never moved to Stripe.

chadwhitacre changed the title ~~2012-07 Transactions~~ reconcile 2012-07 Jan 13, 2016

chadwhitacre mentioned this pull request Jan 14, 2016

Radar 41 gratipay/inside.gratipay.com#462

Closed

chadwhitacre mentioned this pull request Jan 18, 2016

catch up on books #3

Open

65 tasks

chadwhitacre force-pushed the 2012-07 branch 2 times, most recently from 522eb2b to 5040a61 Compare January 27, 2016 20:40

chadwhitacre mentioned this pull request Jan 27, 2016

account for 2012-08 #6

Open

chadwhitacre force-pushed the 2012-07 branch from 23892c3 to d1e319c Compare January 28, 2016 19:39

chadwhitacre mentioned this pull request Feb 4, 2016

make a script to make dat files from CSVs #19

Open

chadwhitacre changed the title ~~reconcile 2012-07~~ account for 2012-07 Nov 30, 2016

Start beancount file

d9b99be

kaguillera force-pushed the 2012-07 branch from 3f308ad to d9b99be Compare February 15, 2017 19:25

kaguillera mentioned this pull request Feb 18, 2017

Return payday charges for finance reconciliation gratipay/gratipay.com#4342

Closed

Did the first half of the file.

8c143a3

Blocked by gratipay.#4342

Draft version of the ported beancount file.

4738c9d

kaguillera added the Review label Feb 23, 2017

Fixed error that showed up after running test.py

6777e36

nobodxbodon suggested changes Feb 24, 2017

View reviewed changes

kaguillera removed the Review label Mar 2, 2017

kaguillera added 5 commits April 7, 2017 11:48

Merge branch 'master' into 2012-07

b72a9fe

Made changes and corrections as per @nobodxbodon commments

2e79e6a

Minor changes to try and consolidated with New-Alliance

24f535b

Restructured the account names as per the new structure.

2b549d6

Fixed missing 12 cents

ad77314

		Liabilities:Escrow -1027.29 USD


		; Startubg to use Balanced as Payment provider

Conversation

kaguillera commented Jan 13, 2016

Uh oh!

Choose a reason for hiding this comment

Uh oh!

chadwhitacre commented Jan 13, 2016

Uh oh!

kaguillera commented Jan 14, 2016

Uh oh!

kaguillera commented Jan 14, 2016

Uh oh!

kaguillera commented Jan 14, 2016

Uh oh!

kaguillera commented Jan 14, 2016

Uh oh!

kaguillera commented Jan 14, 2016

Uh oh!

chadwhitacre commented Jan 14, 2016

Uh oh!

chadwhitacre commented Jan 14, 2016

Uh oh!

chadwhitacre commented Jan 14, 2016

Uh oh!

chadwhitacre commented Jan 15, 2016

Uh oh!

chadwhitacre commented Jan 15, 2016

Uh oh!

chadwhitacre commented Jan 27, 2016

Uh oh!

chadwhitacre commented Jan 27, 2016

Uh oh!

chadwhitacre commented Jan 28, 2016

Uh oh!

chadwhitacre commented Jan 28, 2016

Uh oh!

kaguillera commented Feb 4, 2016

Uh oh!

chadwhitacre commented Feb 4, 2016

Uh oh!

kaguillera commented Feb 4, 2016

Uh oh!

chadwhitacre commented Feb 4, 2016

Uh oh!

kaguillera commented Feb 15, 2017

Uh oh!

kaguillera commented Feb 16, 2017

Uh oh!

kaguillera commented Feb 22, 2017

Uh oh!

kaguillera commented Feb 23, 2017 • edited Loading Uh oh! There was an error while loading. Please reload this page.

Uh oh!

Uh oh!

nobodxbodon left a comment

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

Choose a reason for hiding this comment

Uh oh!

kaguillera Apr 7, 2017 • edited Loading Uh oh! There was an error while loading. Please reload this page.

Uh oh!

Choose a reason for hiding this comment

Uh oh!

kaguillera commented Mar 1, 2017

Uh oh!

kaguillera commented Mar 2, 2017

Uh oh!

kaguillera commented Apr 7, 2017

kaguillera commented Feb 23, 2017 •

edited

Loading

kaguillera Apr 7, 2017 •

edited

Loading