90p Admin

Financials - 11/30/18 - Comments to be provided in near future.

Jeff - It looks to me like our revenue is ~$40k ahead of YTD Budget, but ~$35k behind PYTD. Could you generate some sort of report to show how that happens? Or maybe we shouldn't be comparing to the Original Budget? Thanks.

Jerry, as I recall you had a similar question last year. Through last year, when invoicing affiliate memberships and sponsorships in November/December, I charged the invoices to the usual revenue accounts. I then (as always) reclassed the billings to deferred revenues on the balance sheet. For YE 2017, I reclassed $44.3K of conference sponsorships and $35.0K affiliate membership. This year, I did things differently. They are now being charged as deferred revenue when the funds are collected. The attached PL through 12/2018 shows a slightly different picture for comparative purposes..

Thanks, Jeff. I thought it was something like that.

A trended report requested by Jerry last month. Second PDF is member renewal information - Company name, renewal category amount, total number and total dollars. PNG is a totals summary.

Thanks!