[Businessmtg] Treasurer's Report - May/June 2023

[Steve Rankin]

Hi ASPers,
Once again, there are several parts to my Treasurer's Report.  The first
part contains the Year-to-Date (YTD) Income/Expense Statement, the
Bi-Monthly The Income/Expense Statement for this reporting period, and the
current Balance Sheet.  Additionally, there is the Treasurer's 7th Tradition
Register, however the 7th Tradition Register is not reported to the Business
Meeting directly, but is instead forwarded to the Secretary as a PDF to be
posted on the ASP website.  A PDF of the data tables included in this report
will also be forwarded to the Secretary for posting on the ASP website.
Please note that commentary & explanations specific to the current reports
immediately follow the current reporting data.  Generic descriptions & info
NOT specific to the current report have been moved to AFTER the actual
report.  
Here's to hoping the server won't mangle the data so badly that it is
indecipherable.  
	==========================================
Income and Expense Statement				
Year-to-Date 				
January 1 to June 30, 2023				
INCOME				
	Donations	$1,352.00 		
	Other Income	$0.00 		
TOTAL INCOME		$1,352.00 		
EXPENSES				
	Server Rent	$594.00 		
	Zoom		$102.02 		
	PayPal Charges	$24.72 		
TOTAL EXPENSES	$720.74 		
NET INCOME		$631.26 		
		==========================================

Income and Expense Statement				
Bi-Monthly Report				
May 1 to June 30, 2023				
INCOME				
	Donations	$300.00 		
	Other Income	$0.00 		
TOTAL INCOME		$343.00 		
EXPENSES				
	Server Rent	$198.00 		
	Zoom		$34.74 		
	PayPal Charges	$8.01 		
TOTAL EXPENSES             $238.73 		
NET INCOME		$104.27 		
	==========================================
Balance Sheet - February 28, 2023				
ASSETS				
	Sound Checking	$1,759.44 		
	PayPal		$271.39 		
	Undeposited Funds	$0.00 		
	Other Assets	$0.00 		
TOTAL ASSETS		$1,714.44 		
LIABILITIES		$341.88 *		
NET WORTH		$1,372.56 		

NOTES:
* Liabilities - Funds accrued as donations to GEA and WSO that will be paid
in July.						
						
Love and SERENITY,
Steve
Acting Treasurer

==========================================
Generic Notes and Explanations
1.  Register posted to the ASP website.   The Treasurer has forwarded the
current Register to the Secretary, who will see that it is posted to the
website.  Since the reporting period coincides with the opening of the
Business Meeting, there will generally be a few days delay in the posting.
FYI, the primary purpose of posting the register is so individual members
can verify that their donations to ASP made it into the ASP bank account and
not the Treasurer's pocket.  If you made a donation to ASP, you can look at
the Register at the date you made the donation, the amount and your postal
code.

2.  A note about transaction dates:
   a.  Donations by check - the date written on the check, not the date
received nor the date deposited.  This is done to simplify the member's
ability to verify that their donation was received and properly accounted
for.
   b.  Donations by PayPal - the date of the PayPal transaction.
   c.  Expenses - the date the Treasurer submitted payment for an expense,
or the date of a transaction in the case of automatic payments.  

3.  Income and Expense Statement.  Unlike the Register, the Income and
Expense Statement shows where our income came from (in a general way) and
what types of expenses we incurred during the reporting period.   

4.  Balance Sheet.  The Balance Sheet is a snapshot of the assets and
liabilities at the moment of the report.  Assets: You will note that ASP has
two bank accounts (Sound CB & PayPal).  If donations have been made via
PayPal but those funds have not yet been transferred to the checking
account, the Balance Sheet will show them in the PayPal account because
that's where they are.  Addtionally, sometimes the Treasurer will have
received funds, but not yet deposited the in a bank account.  In that case,
the funds are reported as "Undeposited Funds".  For instance, I stopped by
the PO Box this evening and picked up a check donation.  Since it hasn't
been deposited yet, it shows up in Undeposited Funds.   The sum of the funds
listed under Assets should approximate the funds in the Register.
Liabilities:  Most of the time, the Liabilities entry will be zero.
However, there may be exceptions.  I can think of a couple of examples.  1.
A trusted servant has encountered a known expense, but had not been
reimbursed at the time of the Balance Sheet.  2.  A quarter has passed and
the amount of funds "owed" to the GEA and WSO has been calculated, but not
yet paid.  In that case, the planned donations to those service entities may
be shown as liabilities until they are paid. 


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