Band Finances - Revision history

CMac at 14:43, 6 June 2025

2025-06-06T14:43:26Z

← Older revision		Revision as of 14:43, 6 June 2025
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	* It helps keep track of how much money came in for the purposes of:		* It helps keep track of how much money came in for the purposes of:
	** Calculating band-wide shares		** Calculating band-wide shares
	** Paying the band’s taxes to the [[~~Reig~~]] (10% of almost all income)		** Paying the band’s taxes to the [[Réig]] (10% of almost all income)

	==We pay taxes?==		==We pay taxes?==

Philip: /* I need money from my account to buy something in downtime */

2025-05-19T10:21:32Z

I need money from my account to buy something in downtime

← Older revision		Revision as of 10:21, 19 May 2025
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	==I need money from my account to buy something in downtime==		==I need money from my account to buy something in downtime==
	~~While it is something we’re working on, the band’s~~ money ~~is not presently stored~~ in the downtime system, ~~which means that making a transfer through that system isn’t currently possible~~.		The band keeps a small amount of money in the downtime system (so we don't make the team count too many coins). This should usually be enough to cover a few transfers out of character accounts, if you contact the quartermaster and ask for them.

	~~However~~, ~~every band member~~ has ~~an account~~, ~~and if you need to you~~ can ~~ask the QM to transfer~~ money ~~from one member’s account to another during downtime. If you ''need'~~' to.		Large transfers, or transfers once the pool of money has run out, can still be handled by moving money between characters' IC accounts.

	==What happens to the rest of the money?==		==What happens to the rest of the money?==

Philip: /* Is there an audit of the books? */

2025-05-19T10:13:46Z

Is there an audit of the books?

← Older revision		Revision as of 10:13, 19 May 2025
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	==Is there an audit of the books?==		==Is there an audit of the books?==
	Thus far there has been an internal audit, and there has also been an audit conducted by the Reig's Reckoners. Neither found any issues with the book keeping. The Reckoners had some questions about the band's general conduct.		Thus far there has been an internal audit, and there has also been an audit conducted by the Reig's Reckoners. Neither found any issues with the book keeping. The Reckoners had some questions about the band's general conduct. The quartermaster, having been appropriately mushroomed on certain endeavours, was unable to assist them with most of these.

	You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.		You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.

Philip: /* Is there an audit of the books? */

2025-05-19T10:12:45Z

Is there an audit of the books?

← Older revision		Revision as of 10:12, 19 May 2025
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	==Is there an audit of the books?==		==Is there an audit of the books?==
	Thus far there has been an internal audit, and there is the ~~ongoing threat from the event team to send some monsters~~ with ~~a good head for figures in to pick over~~ the ~~thing~~. ~~Just give me time to get them all into~~ the ~~lovely physrep books first please~~.		Thus far there has been an internal audit, and there has also been an audit conducted by the Reig's Reckoners. Neither found any issues with the book keeping. The Reckoners had some questions about the band's general conduct.

	You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.		You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.

	~~Update: Yes, there was an audit. We passed.~~

Philip: /* Is there an audit of the books? */

2024-09-03T19:38:00Z

Is there an audit of the books?

← Older revision		Revision as of 19:38, 3 September 2024
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	You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.		You can ask for details on your own account whenever you like. Details of others' accounts are private without sufficient authority.

			Update: Yes, there was an audit. We passed.

Philip: Adjusting for inflation

2024-06-26T18:27:57Z

Adjusting for inflation

← Older revision		Revision as of 18:27, 26 June 2024
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	Following the first few events, which had a very uneven distribution of income — skewed heavily towards those fighty types who were lucky/cunning enough to be first to sign up for jobs — we instituted a larger cut of each contract for the band.		Following the first few events, which had a very uneven distribution of income — skewed heavily towards those fighty types who were lucky/cunning enough to be first to sign up for jobs — we instituted a larger cut of each contract for the band.

	We use a lot of this cut to pay shares out to each member of the band who attended the event. The amount of these shares is usually related to how much the band earned over the course of the event, though sometimes it gets topped up a little out of reserves if the event was particularly light on coin. Historically shares have been between 5 and 10 pingin.		We use a lot of this cut to pay shares out to each member of the band who attended the event. The amount of these shares is usually related to how much the band earned over the course of the event, though sometimes it gets topped up a little out of reserves if the event was particularly light on coin. Historically shares have been between 25 and 50 pingin.

	These shares are intended to compensate for general 'being there' duties like fighting in defence of camp, running out on missions where a random group of people save someone's family/cow/whatever for the six pingin and a bit of string they had in their pocket, participating in rituals (though you might get a bonus if you do that a lot) etc.		These shares are intended to compensate for general 'being there' duties like fighting in defence of camp, running out on missions where a random group of people save someone's family/cow/whatever for the six pingin and a bit of string they had in their pocket, participating in rituals (though you might get a bonus if you do that a lot) etc.

Philip: /* What’s with all the paperwork? */

2023-08-09T18:49:21Z

What’s with all the paperwork?

← Older revision		Revision as of 18:49, 9 August 2023
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	* We get a record of who goes out on missions when, so we can get an idea of whether missions are always going to the same people, getting spread around reasonably fairly, etc.		* We get a record of who goes out on missions when, so we can get an idea of whether missions are always going to the same people, getting spread around reasonably fairly, etc.
	* It helps keep track of how much money came in for the purposes of:		* It helps keep track of how much money came in for the purposes of:
	* Calculating band-wide shares		** Calculating band-wide shares
	* Paying the band’s taxes to the [[Reig]] (10% of almost all income)		** Paying the band’s taxes to the [[Reig]] (10% of almost all income)

	==We pay taxes?==		==We pay taxes?==

Philip: /* What’s with all the paperwork? */

2023-08-09T18:48:49Z

What’s with all the paperwork?

← Older revision		Revision as of 18:48, 9 August 2023
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	* Calculating band-wide shares		* Calculating band-wide shares
	* Paying the band’s taxes to the [[Reig]] (10% of almost all income)		* Paying the band’s taxes to the [[Reig]] (10% of almost all income)


	==We pay taxes?==		==We pay taxes?==

Philip: /* We pay taxes? */

2023-08-09T18:48:36Z

We pay taxes?

← Older revision		Revision as of 18:48, 9 August 2023
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	The tax payment is taken entirely out of the 50% of each contract the band keeps. 20% of that 50%, so 10% of the total, is set aside for the Reig.		The tax payment is taken entirely out of the 50% of each contract the band keeps. 20% of that 50%, so 10% of the total, is set aside for the Reig.


	==What’s this ‘shares’ business?==		==What’s this ‘shares’ business?==

Philip: /* Ok, but how do I get my money? */

2023-08-09T18:36:47Z

Ok, but how do I get my money?

← Older revision		Revision as of 18:36, 9 August 2023
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	Your money is always there for you on an account in the band's books. If you have a lot, this is probably a safer place to keep some of it than on your belt.		Your money is always there for you on an account in the band's books. If you have a lot, this is probably a safer place to keep some of it than on your belt.

	If you want to get hard cash, this is something that is constantly being improved, but you can currently get pay for a mission at almost any time after a mission has been completed, the paperwork filled out, and payment received. Those tend to all happen within about five minutes of each other, so it’s usually pretty quickly after the return to camp.		If you want to get hard cash, this is something that is constantly being improved, but you can currently get pay for a mission at almost (see below) any time after a mission has been completed, the paperwork filled out, and payment received. Those tend to all happen within about five minutes of each other, so it’s usually pretty quickly after the return to camp.

	Shares are usually available from late Sunday morning or early Sunday afternoon, as it takes until around then to know how much we’re getting paid overall and to get most of the payments in hand. Then there’s a bit of maths and the shares start going out.		Shares are usually available from late Sunday morning or early Sunday afternoon, as it takes until around then to know how much we’re getting paid overall and to get most of the payments in hand. Then there’s a bit of maths and the shares start going out.

	In summary: missions whenever, shares on Sunday. '''There is an exception to this''': Handing out specific payments for missions takes time and requires updating the records of who has taken pay and who is still owed it for a particular job, or set of jobs, and the share distribution tends to cause a queue to form. For the sanity of everyone involved and to avoid a 30 minute queue, once that’s happened you can only collect your share — they’re counted out in advance and the record keeping is just ticking you name off a list.		In summary: missions whenever, shares on Sunday. '''There is an exception to this''': Handing out specific payments for missions takes time and requires updating the records of who has taken pay and who is still owed it for a particular job, or set of jobs, and the share distribution tends to cause a queue to form. For the sanity of everyone involved and to avoid a 30 minute queue, once that’s happened you can only collect your share — they’re counted out in advance and the record keeping is just ticking you name off a list.


	==Why the IC list?==		==Why the IC list?==