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Newer page: | version 8 | Last edited on Wednesday, November 28, 2018 8:40:42 pm | by IanStewart | Revert |
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Ian and Tony prepared the Treasurer's Report, which Ian presented. For the first time in many years we had a small loss. This was primarily due to the one time charge we incurred for the reinstatement of WLUG as an incorporated society.
At present our income through subscriptions covers our regular expenses of continuing our domain name registration and use of Meetup.com.
-Although our financial year is from 1st January to 31st December our aim is that our financial transaction
for the year stop on the night of the AGM on the 4th Monday of November and re-start from the 1st January the next year. This helps to keep the year field of our bank transaction dates synchronized with our financial year.
+Although our financial year is from 1st January to 31st December our aim is that our financial transactions
for the year stop on the night of the AGM on the 4th Monday of November and re-start from the 1st January the next year. This helps to keep the year field of our bank transaction dates synchronized with our financial year.
Ian moved the Treasurer's Report be accepted and Peter agreed.