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There *was* no fee buffer in 2012-06
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It wasn't implemented until June, 2013, as now noted in the README.
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@chadwhitacre
chadwhitacre committed Feb 2, 2017
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73 changes: 35 additions & 38 deletions FY2013/2012-06.beancount
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; ==============================

2012-06-01 open Assets:Escrow:New-Alliance USD
2012-06-01 open Assets:Fee-Buffer:New-Alliance USD
; Assets:Operations:New-Alliance is already open, in FY2013.beancount

; Samurai was our first payment processor.
2012-06-01 open Assets:Escrow:Samurai USD
2012-06-01 open Assets:Fee-Buffer:Samurai USD
2012-06-01 open Assets:Operations:Samurai USD
2012-06-01 open Income:Fees:Samurai USD
2012-06-01 open Expenses:Fees:Samurai USD

; Unfortunately they proved unreliable.
; Unfortunately, they proved unreliable.
2012-06-01 open Income:Errors:Samurai USD
2012-06-01 open Expenses:Errors:Samurai USD

; This is the big one. We are holding your money!
2012-06-01 open Liabilities:Escrow USD

; Our goal is to pass processing fees through at cost.
2012-06-01 open Liabilities:Fee-Buffer USD


; Gittip Payday 0
; ===============

2012-06-01 * "We charged participants via Samurai."
Assets:Escrow:Samurai 2.96 USD
Assets:Fee-Buffer:Samurai 0.34 USD
Liabilities:Fee-Buffer -0.34 USD
Assets:Operations:Samurai 0.34 USD
Income:Fees:Samurai -0.34 USD
Liabilities:Escrow -2.96 USD

2012-06-04 * "Samurai settled with us. We expected 3.30, but saw 7.56: an overpayment of 4.26."
Assets:Escrow:New-Alliance 2.96 USD
Assets:Fee-Buffer:New-Alliance 0.34 USD
Assets:Operations:New-Alliance 0.34 USD
Assets:Operations:New-Alliance 4.26 USD
Income:Errors:Samurai -4.26 USD
Assets:Fee-Buffer:Samurai -0.34 USD
Income:Fees:Samurai -0.34 USD
Assets:Escrow:Samurai -2.96 USD

2012-06-04 * "Samurai withdrew funds."
Liabilities:Fee-Buffer 0.08 USD
Assets:Fee-Buffer:New-Alliance -0.08 USD
Expenses:Fees:Samurai 0.08 USD
Assets:Operations:New-Alliance -0.08 USD

2012-06-04 * "Samurai withdrew more funds for some reason."
Liabilities:Fee-Buffer 31.35 USD
Assets:Fee-Buffer:New-Alliance -31.35 USD
Expenses:Fees:Samurai 31.35 USD
Assets:Operations:New-Alliance -31.35 USD


; Gittip Payday 1
; ===============

2012-06-08 * "We charged participants via Samurai."
Assets:Escrow:Samurai 23.17 USD
Assets:Fee-Buffer:Samurai 2.11 USD
Liabilities:Fee-Buffer -2.11 USD
Assets:Operations:Samurai 2.11 USD
Income:Fees:Samurai -2.11 USD
Liabilities:Escrow -23.17 USD

2012-06-11 * "Samurai settled AMEX charges with us. We expected 0.61, and we saw 0.61."
Assets:Escrow:New-Alliance 0.48 USD
Assets:Fee-Buffer:New-Alliance 0.13 USD
Assets:Fee-Buffer:Samurai -0.13 USD
Assets:Operations:New-Alliance 0.13 USD
Assets:Operations:Samurai -0.13 USD
Assets:Escrow:Samurai -0.48 USD

2012-06-11 * "Samurai settled VISA/MC. We expected 24.67, but saw 24.11: an underpayment of 0.56."
Assets:Escrow:New-Alliance 22.69 USD
Assets:Fee-Buffer:New-Alliance 1.98 USD
Assets:Operations:New-Alliance 1.98 USD
Expenses:Errors:Samurai 0.56 USD
Assets:Operations:New-Alliance -0.56 USD
Assets:Fee-Buffer:Samurai -1.98 USD
Assets:Operations:Samurai -1.98 USD
Assets:Escrow:Samurai -22.69 USD

2012-06-11 * "Samurai withdrew funds."
Liabilities:Fee-Buffer 2.00 USD
Assets:Fee-Buffer:New-Alliance -2.00 USD
Expenses:Fees:Samurai 2.00 USD
Assets:Operations:New-Alliance -2.00 USD


; Gittip Payday 2
; ===============

2012-06-15 * "We charged participants via Samurai."
Assets:Escrow:Samurai 1.36 USD
Assets:Fee-Buffer:Samurai 0.69 USD
Liabilities:Fee-Buffer -0.69 USD
Assets:Operations:Samurai 0.69 USD
Income:Fees:Samurai -0.69 USD
Liabilities:Escrow -1.36 USD

; Our first payout!
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2012-06-18 * "Samurai settled with us. We expected 2.05, but saw 2.01: an underpayment of 0.04."
Assets:Escrow:New-Alliance 1.36 USD
Assets:Fee-Buffer:New-Alliance 0.69 USD
Assets:Operations:New-Alliance 0.69 USD
Expenses:Errors:Samurai 0.04 USD
Assets:Operations:New-Alliance -0.04 USD
Assets:Fee-Buffer:Samurai -0.69 USD
Assets:Operations:Samurai -0.69 USD
Assets:Escrow:Samurai -1.36 USD


; Testing out Stripe
; ==================

2012-06-15 open Income:Testing USD
2012-06-15 open Expenses:Processing:Stripe USD
2012-06-15 open Assets:Operations:Stripe USD
2012-06-15 open Income:Testing USD
2012-06-15 open Expenses:Fees:Stripe USD

2012-06-15 * "We charged Chad via Stripe."
Assets:Operations:Stripe 0.54 USD
Income:Testing -0.54 USD

2012-06-22 * "Stripe withheld their fee."
Expenses:Processing:Stripe 0.32 USD
Expenses:Fees:Stripe 0.32 USD
Assets:Operations:Stripe -0.32 USD

2012-06-22 * "Stripe settled the net to us."
Expand All @@ -134,26 +131,26 @@
; Let's set it up to use for payday.

2012-06-22 open Assets:Escrow:Stripe USD
2012-06-22 open Assets:Fee-Buffer:Stripe USD
2012-06-22 open Income:Fees:Stripe USD


; Gittip Payday 3
; ===============

2012-06-22 * "We charged participants via Stripe."
Assets:Escrow:Stripe 20.67 USD

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@nobodxbodon

nobodxbodon Feb 3, 2017

Contributor

I'm afraid I still don't get the second question in #35 (comment):
I can see in the screenshot that Stripe held all together $25.29 before 2/28, and $20.97 was transfered to new alliance on 2/28, with $4.32 fee. But how can I tell that $20.67 in this $20.97 was escrow?
BTW in the log, I don't even see the $25.29 in either New Alliance or Stripe statement. Do we have another source of statements?
Assets:Fee-Buffer:Stripe 4.62 USD
Liabilities:Fee-Buffer -4.62 USD
Assets:Operations:Stripe 4.62 USD
Income:Fees:Stripe -4.62 USD
Liabilities:Escrow -20.67 USD

2012-06-28 * "Stripe withheld their fee."
Liabilities:Fee-Buffer 4.32 USD
Assets:Fee-Buffer:Stripe -4.32 USD
Expenses:Fees:Stripe 4.32 USD
Assets:Operations:Stripe -4.32 USD

2012-06-28 * "Stripe settled the net to us."
Assets:Escrow:New-Alliance 20.67 USD
Assets:Fee-Buffer:New-Alliance 0.30 USD
Assets:Fee-Buffer:Stripe -0.30 USD
Assets:Operations:New-Alliance 0.30 USD
Assets:Operations:Stripe -0.30 USD
Assets:Escrow:Stripe -20.67 USD


Expand All @@ -162,8 +159,8 @@

2012-06-29 * "We charged participants via Stripe."
Assets:Escrow:Stripe 95.24 USD
Assets:Fee-Buffer:Stripe 15.76 USD
Liabilities:Fee-Buffer -15.76 USD
Assets:Operations:Stripe 15.76 USD
Income:Fees:Stripe -15.76 USD
Liabilities:Escrow -95.24 USD


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12 changes: 6 additions & 6 deletions README.md
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Expand Up @@ -19,12 +19,12 @@ that escrow assets must always equal escrow liability: when people think we're
holding their money, we'd better be holding their money!

Actually, though, our operating income from processing fees comes to us from
our upstream processors commingled with escrow, *and* we want to keep our fee
*income* as close to our fee *expenses* as possible (our true operating income,
of course, comes [through Gratipay](https://gratipay.com/Gratipay/) just like
any other project on Gratipay). To deal with this dual reality, we use a **fee
buffer**. Ideally the balance in the fee buffer is zero, but in practice it
fluctuates.
our upstream processors commingled with escrow, *and* (as of June, 2013) we
want to keep our fee *income* as close to our fee *expenses* as possible (our
true operating income, of course, comes [through
Gratipay](https://gratipay.com/Gratipay/) just like any other project on
Gratipay). To deal with this dual reality, we use a **fee buffer**. Ideally the
balance in the fee buffer is zero, but in practice it fluctuates.

You'll see, then, that the assets on our balance sheet are broken down
according to three second-level categories: `Escrow`, `Fee-Buffer`, and
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