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Additional wishlist for currency stuff.
The currency stuff is going to be complicated, but I agree completely we
should leave it wishlist'ed.
The currency stuff is going to be complicated, but I agree completely we
should leave it wishlist'ed.
e968357058e9 e968357058e9 a8b1938793fb a8b1938793fb e968357058e9 e968357058e9 e968357058e9 a8b1938793fb e968357058e9 a8b1938793fb a8b1938793fb a8b1938793fb 19dc97526d69 a8b1938793fb e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 e968357058e9 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 b67c6c75e240 | # Non-Profit Workflow
<a id="workflow-dictated"></a>
Many accounting systems seem to assume that the workflow fits a certain type
of uses. While the ability to impose a specific workflow (e.g., for a
bookkeeper who might make an error easily if the system doesn't require a
workflow), the workflow should not be dictated.
<a id="workflow-configurable"></a> Ideally, in fact workflows should be
configurable in some way. Many systems try to do this and are a bit
constraining on it.
## <a id="unaccrued-invoice"></a>The "Unaccrued Invoice" Example
The easiest example I have of this relates to accruing income upon invoice
generation. Non-profits very typically generate invoices as part of a
fundraising discussion *even though* the non-profit doesn't have a good faith
belief that the invoice will be paid. Using an invoice to convince a donor
to make a donation is, in essence, just a fundraising strategy to pressure
for them to commit to a donation that the donor has hinted they might make.
Under GAAP, these invoices should **not** be accrued nor recognized, because
the organization doesn't have a good faith belief that the income is
forthcoming.
Many accounting systems assume that the user would never possibly generate an
invoice without realizing the income immediately. In most for-profit setups,
this is true, but for non-profits, there is good reason to generate invoices
before accruing the income. In fact, if you're generating an invoice merely
to "inspire" a donation, it's wrong to accrue that, since you don't have a
good faith belief that the invoice will be paid.
## <a id="purchase-order-required"></a>The "Purchase Order Required" Example
Many organizations do require issuance of a purchase order before invoicing
is permitted. However, this isn't mandatory, it's just common practice and
likely this isn't even possible with the types of
[[reimbursement requests|UseCases/ReimbursementRequests]] that some
non-profits have. (By way of example, Conservancy is sometimes "surprised"
by a volunteer [[reimbursement requests|UseCases/ReimbursementRequests]], so
there's no way we can "require" a PO issuance before accepting any invoice.
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