Finance Operational Notes

Finance Operational Notes

This documented is intended to document various aspects of OSGeo's financial operations, to provide rough information on how things are setup to the treasurer, finance committee, and board.

General

• Tyler as ED is responsible for day to day financial operation of OSGeo. He makes payments, issues invoices, cashes cheques, and enters transaction details into the accounting system (Quickbooks online).
• The Finance Committee is responsible for auditing financial reports, developing financial management policy, and preparing a budget for the board.
• The Treasurer chairs the Finance committee, and is responsible for operational financial decisions within the framework of the budget.
• The Board of Directors is responsible for approving a budget.

Quick Books Online

OSGeo keeps detailed accounts using Quick Books Online. Currently Tyler (ED) and the Treasurer have accounts with update access for the OSGeo Quick Books instance. The rest of the finance committee has access to a read-only reporting account (contact Tyler or the Treasurer for details).

PEO

Category: Finance