I understand the the figures are out and there is some more red ink.
Another $20K went into the CMS never ending account for this month ONLY thats $40k in 4 months!!!!!!!.
Lot of brackets in a lot of columns, meaning shortfall in projestec budgets, which ended up in another big bracket in the bottom line figure [ meaning a loss.]
get to your clubs to get a view of the books BEFORE they try and close them off.
Some interesting numbers, CIK costing a big bucket load of $$.
It appears someone is owing some hefty money for over 90 days, have a look to see who it is.
Another $20K went into the CMS never ending account for this month ONLY thats $40k in 4 months!!!!!!!.
Lot of brackets in a lot of columns, meaning shortfall in projestec budgets, which ended up in another big bracket in the bottom line figure [ meaning a loss.]
get to your clubs to get a view of the books BEFORE they try and close them off.
Some interesting numbers, CIK costing a big bucket load of $$.
It appears someone is owing some hefty money for over 90 days, have a look to see who it is.
Comments5
Quick look at the figures - what improvements were made to the Smart Card system to account for the $41K software expense? Or is it called this to divert attention from the fact that it is the unapproved expenditure on the timing system?
What Constitution work required an expense of $2.8K
your club should have a copy or should be able to get one.
Peter Edgar said:Hey Paul.... how do we get a look at these figures...???
...Is that to keep the quails in the pen scratching on the floor ..............!!!???
Seems to be an industry member???
Also interesting the amounts owed for over 30 days is quite large and who actually owes the $$ also.
Mr cash sales needs to chased up he owes a bit!!!
Mal Crosher said:Paul, " It appears someone is owing some hefty money for over 90 days, have a look to see who it is. "
Wouldn't be for chicken wire from Bunnings Hardware at all would it ?
"... Mr cash sales needs to chased up . . ."
Sorry? I missed this on first glance. How can CASH SALES be owing? CASH SALES are CASH (foldies, coins, eftpos etc.,) they are NOT Receivables.
Or maybe this basic accounting error is one of the reasons we see a $6,000 credit for Accounting Fees.