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Re: Yes, correct
In Response To: Re: Yes, correct ()

I haven't looked at the financials, it just sounded like John said we reported 2020 Convention revenues in 2020 (not 2019 if they were paid early) and those were being shown as revenue instead of deferred revenue.

It really doesn't matter, especially for a collector's club. Assuming we didn't have expenses for the 2020 cancelled convention, then its a wash. Its just the year-to-year bookkeeping that shows a big convention gain for 2020. Cash accounting is the easiest form and this club certainly doesn't need any more complexity.

Messages In This Thread

Club Financial Review Available on Club BBS
I have a few questions for the club BOD...
Why are you asking me? I have nothing to do with
I can understand the MOGH expenses.~~~
John, why ask here? I think the Club's message...
Re: Partial answer (I think)...
Re: Partial answer (I think)...
Yes, correct
Re: Yes, correct
Re: Yes, correct
Re: Yes, correct

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