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Financial Accounting

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Post by Gibberish45 2010-03-29, 00:56

I think this topic deserves some discussion. There has been more than one issue lately with the tracking of our country's finances. Whether these cases involve actual fraud or just mismanagement is not for me to decide. However it brings out a serious flaw with our government.

I propose that a resolution be drafted that mandates all government funds no matter how small be accounted for in a double entry account that is posted publicly. This resolution would also mandate that all persons with access to any public org be accounted for and the passwords changed with any change in persons accessing the org.

Belgium needs transparency and accountability!
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Post by Manong Z 2010-03-29, 03:33

I fully support this plea!
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Post by Elynea 2010-03-29, 10:39

nice idea, it's a real problem.
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Post by Tacitus Arkenseale 2010-03-29, 11:39

Absolutely. There can be no planning or accountability without proper information.
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Post by Apotygma 2010-03-29, 12:21

I will publish all the money in the state companies as soon as I can
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Post by Reaussou 2010-03-29, 13:13

That would be awesome!
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Post by bruno goethals 2010-03-29, 15:18

Gold
166.48
BEF
11675.27
AUD
3.89
BRL
0.30
COP
0.26
ESP
1.19
GBP
3.64
LTL
0.23
NIS
0.96
NLG
0.21
PKR
0.70
PLN
7.96
RSD
0.15
RUB
0.14
USD
6.95
this is everting for the nbb bnb

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Post by Gibberish45 2010-03-29, 15:47

It's great to see such positive response. To clarify the system I propose we use, it will be a document (spreadsheet) that begins with the balance in said account. Every time money/gold is donated or spent it is recorded on the document the new balance is shown.

I will work on writing the resolution (unless someone else volunteers) sometime soon
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Post by Apotygma 2010-03-29, 17:03

Bruno, can you make a google form where we can just enter all this and all the transaction are recorded in a google spreadsheet directly?
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Post by bruno goethals 2010-03-29, 17:06

im sorry but i cant dont now how i have to do it

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Post by Apotygma 2010-03-29, 17:11

bruno goethals wrote:im sorry but i cant dont now how i have to do it

When I have time (probably tomorrow) I'll make something
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Post by bruno goethals 2010-03-29, 17:12

thanks im not that good at this things

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Post by Apotygma 2010-03-29, 17:36

https://spreadsheets.google.com/viewform?formkey=dHdmeW5FTXpDcGh5ekliSWxRZFBOLVE6MA

What do you think of this?
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Post by Gibberish45 2010-03-29, 18:55

Apotygma wrote:https://spreadsheets.google.com/viewform?formkey=dHdmeW5FTXpDcGh5ekliSWxRZFBOLVE6MA

What do you think of this?


Yours is more appealing to the eye but cannot account for income as well. This is a more traditional double entry system that gives a current balance after each transaction. It is simple and easy to use, as long as it is updated regularly (daily)

http://spreadsheets.google.com/ccc?key=0AuPwZPasJZN7dHlfTDhIUXZsQ2p5VTQ3MDlyMmJfRVE&hl=en

This form took me 5 minutes to make and I will explain it to anyone who needs assistance. ANYONE in charge of government funds should keep a log like this and publish it once a week (4 times a term) At the end of an administration the doc is passed to the new minister and the passwords are changed. As I mentioned before I will work on drafting a resolution hopefully Manong will help as he is very good at these things.

If congress is in agreement we should not delay at moving forward. The starting point is a complete list of government accounts and orgs and all persons with access.
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Post by Apotygma 2010-03-29, 20:32

Can't access it, so if you could grant access to everyone =P
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Post by Gibberish45 2010-03-29, 20:49

my apologies here is the shared link

http://spreadsheets.google.com/ccc?key=0AuPwZPasJZN7dHlfTDhIUXZsQ2p5VTQ3MDlyMmJfRVE&hl=en
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Post by Apotygma 2010-03-29, 21:07

Yeah basic accounting spreadsheet. Indeed
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Post by Rod Damon 2010-03-29, 22:21

This is along the lines of what I had been asking for, so good
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Post by Gibberish45 2010-03-29, 23:15

Apotygma wrote:Yeah basic accounting spreadsheet. Indeed

I don't feel that much more is needed. Belgium's finances are not complicated, it just needs to be recorded and made public regularly. All the data can from the individual orgs can be compiled into a master sheet that clearly shows Belgium's total income and expenditures so that congress can make an accurate budget.

The problem is of course enforcement. The finance minister needs to be on board with this and should make sure that all persons handling government funds account for them in this manner. Then it would be the finance minister's responsibility to publish the information weekly.
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Post by bruno goethals 2010-03-30, 13:40

http://spreadsheets.google.com/ccc?key=0AqWcI4uKfVAudEdRa2w3LTN4WEUwYnNEb09ZS3hSZnc&hl=nl

im going to use this one for the bank

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Post by Reaussou 2010-03-30, 13:50

bruno goethals wrote:http://spreadsheets.google.com/ccc?key=0AqWcI4uKfVAudEdRa2w3LTN4WEUwYnNEb09ZS3hSZnc&hl=nl

im going to use this one for the bank

Make it public. We can't see it. Wink
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Post by bruno goethals 2010-03-30, 14:36

can you try it now

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Post by Apotygma 2010-03-30, 14:49

is working
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Post by zimmah 2010-03-30, 15:31

outGOING, not outcoing Very Happy

btw, you might think about going to ERX with that bank.

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Post by Apotygma 2010-03-30, 16:20

http://docs.google.com/Doc?docid=0Ad5WemNJeesYZHRwY2JyNF8xNDdqYzdxNTdkZA&hl=en

The finances of the state companies last week :

total : 971.06 bef in 1 week representing 15.53 gold at the current rate on the MM.
Total sales of houses : 507 BEF

So total loss : 464.06 BEF
Current stocks
1 Q1 house
474 Q1 guns
648 Q1 gifts


EDIT : this does not include the buying of RM... This is also more or less 15 gold per month.
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Post by Gibberish45 2010-03-30, 18:56

Apotygma wrote:http://docs.google.com/Doc?docid=0Ad5WemNJeesYZHRwY2JyNF8xNDdqYzdxNTdkZA&hl=en

The finances of the state companies last week :

total : 971.06 bef in 1 week representing 15.53 gold at the current rate on the MM.
Total sales of houses : 507 BEF

So total loss : 464.06 BEF
Current stocks
1 Q1 house
474 Q1 guns
648 Q1 gifts


EDIT : this does not include the buying of RM... This is also more or less 15 gold per month.


Looks great! (the doc not the numbers Razz )

Why does Runs keep acting without congressional approval? I would have thought after his debacle with eNL he would get the hint and do his job the correct way.
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Post by palodigon 2010-03-30, 20:33

Apotygma wrote:http://docs.google.com/Doc?docid=0Ad5WemNJeesYZHRwY2JyNF8xNDdqYzdxNTdkZA&hl=en

The finances of the state companies last week :

total : 971.06 bef in 1 week representing 15.53 gold at the current rate on the MM.
Total sales of houses : 507 BEF

So total loss : 464.06 BEF
Current stocks
1 Q1 house
474 Q1 guns
648 Q1 gifts


EDIT : this does not include the buying of RM... This is also more or less 15 gold per month.

what would go under investments?
And don't leave out donations.
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Post by Apotygma 2010-03-30, 20:39

The thing is that you can't see donations and the exact amounts from last weeks =S, I'll try to think and not it down (or the next MoSC) so that I can add it.

Most of it is not taken out of the companies directly but out of the org. So nothing is really hidden. Sorry that I can't provide the exact amounts right now.

And what do you mean by "Investments"?
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Post by palodigon 2010-03-30, 20:41

It's a subcategory under income in the spreadsheet.
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Post by Gibberish45 2010-03-30, 20:52

ERX shares?
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Post by Reaussou 2010-03-31, 18:36

- What are the names of the state companies? Or where can I find that info? Be as exhaustive as possible.

Thanks in advance I love you
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Post by Apotygma 2010-03-31, 18:47

eBe State Companies - http://www.erepublik.com/en/organization/2884651
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Post by Reaussou 2010-03-31, 18:51

Thanks brotha!
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