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Philosophies for tracking money

Two extremes for managing funding source allocations, funding sources, and funds.

The one-to-one philosophy
  • Money from a given external source that has a spending deadline, goes into its own funding source.
  • A fund only receives money from 1 funding source (no multiple funding-source inheritance).
  • Typically, this means a new set of funding sources each year.
  • The funding source is the "root" of the money, not the individual credits into the funding source
The multiverse philosophy
  • Money with different spending deadlines may be part of the same funding source
  • Funds receive money from multiple funding sources
  • The funding source credit is the "root" of all money and tracks the spending deadline
acq/money_tracking.txt · Last modified: 2009/10/15 15:31 by erickson

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