Hi Jon, yes this is due to the numbers reported in March including the accounts payable—money not yet held in cash but expected to come in. We later realised that some of the transactions we were expecting to come in were not real donations, but rather several people making large ‘testing’ donations which then did not get paid. We have resolved these issues, and will be reporting Fund balances in cash terms going forward, however it did mean that the March numbers ended up being inflated.
We will be publishing a post in the coming weeks going into detail on the work we have been doing in the back end of Funds and releasing an update to the site which automatically pulls the Fund balances from our accounting system.
Hi Jon, yes this is due to the numbers reported in March including the accounts payable—money not yet held in cash but expected to come in. We later realised that some of the transactions we were expecting to come in were not real donations, but rather several people making large ‘testing’ donations which then did not get paid. We have resolved these issues, and will be reporting Fund balances in cash terms going forward, however it did mean that the March numbers ended up being inflated.
We will be publishing a post in the coming weeks going into detail on the work we have been doing in the back end of Funds and releasing an update to the site which automatically pulls the Fund balances from our accounting system.
Thanks for clarifying!
Looking forward to seeing the upcoming post, it would be great if it could include a chart/table of donations (in cash terms) to each fund over time.