Calculate and create static allocations at initial percentage setup time.
As new money is credited to the funding source, provide option to automatically distribute the money to the same set of funds using the last-defined percentages.
If the percentage changes, it will not affect existing allocations. It will only affect new allocations.
Hard links from fund debits to funding sources / funding source credits?
Proposed solution: links to both are virtual and determined by algorithm.
Two proposed algorithms to support are FIFO and spending-deadline-based.
Data is calculated at report run time and is provisional since funding source and funding source credit attributes can change, which will affect how money can be spent from a funding source.
This means when multiple funding sources feed into a given fund, staff cannot manually choose which funding source pays for a given item. It also means, if designed correctly, staff will never need to.
If strict control over spending from a funding source is required, do not mingle money from that funding source with money from other funding sources. IOW, allocate to dedicated funds.
Multiple funding-source to fund inheritance supported?
What happens if I find out some of the money I was promised may have to be returned (e.g. mid-year budget cuts)?
proposed solution: Define an "ok-to-spend" threshold on funding source credits.
The system will not let you spend past this amount.
This allows you to track the original amount and the amount you can freely spend
The ok-to-spend amount can be changed at any time.
What happens under the covers when I transfer money from one fund to another?
acq/money_questions.txt · Last modified: 2009/10/20 11:02 by erickson