Finance

	FY15	FY16	FY17	FY18	FY19	FY20
Cash	$469.66	$992.56	$3,490.54	$3,168.90	$2,709.19	$1,956.86
Debtors	$0.00	$0.00	$385.00	$0.00	$0.00	$0.00
Asset Register	$1,100.46	$2,623.26	$3,044.76	$3,197.65	$4,472.67	$6,104.57
TOTAL ASSETS	$1,570.12	$3,615.82	$6,920.30	$6,366.55	$7,181.86	$8,061.43
Invoices Payable	$405.15	$0.00	$0.00	$175.00	$0.00	$0.00
Intra Surplus Liabilities	$0.00	$0.00	$385.00	$385.00	$185.00	$0.00
TOTAL LIABILITIES	$405.15	$0.00	$385.00	$560.00	$185.00	$0.00
NET ASSETS	$1,164.97	$3,615.82	$6,535.30	$5,806.55	$6,996.86	$8,061.43
Accumulated Surplus	$0.00	$473.04	$75.93	$3,130.53	$2,832.56	$2,862.29
Current Year Surplus	$473.04	($397.10)	$3054.59	($297.97)	$29.73	($711.51)
Contributions	$691.93	$3,539.89	$3,404.78	$2,973.99	$4,134.57	$5,910.65
EQUITY	$1,164.97	$3,615.82	$6,535.30	$5,806.55	$6,996.86	$8,061.43

	FY15	FY16	FY17	FY18	FY19	FY20
Online Payments	$423.00	$2,898.50	$3,688.50	$647.15	$2,660.00	$1,055.00
Less Pmt Fees	-$10.10	-$66.62	-$91.25	-$25.13	-$77.45	-$40.36
Direct Deposits	$60.00	$782.35	$3,391.91	$264.95	$188.36	$201.65
Bank Interest	$0.14	$7.47	$6.52	$17.22	$11.57	$2.55
TOTAL INCOME	$473.04	$3,621.70	$6,995.68	$904.19	$2,782.48	$1,218.84
Supplier Payments	$0.00	$3,906.80	$3,821.09	$1,082.16	$2,632.75	$1,810.35
Bank Account Fees	$0.00	$112.00	$120.00	$120.00	$120.00	$120.00
TOTAL EXPENSE	$0.00	$4,018.80	$3,941.09	$1,202.16	$2,752.75	$1,930.35
NET SURPLUS	$473.04	($397.10)	$3,054.59	($297.97)	$29.73	($711.51)

FY19 
Intra-Liabilities - $385 held in Trust for Southern Kings was reduced by $200 due to forfeit fines paid on 4Mar19. Remaining balance as at EOFY19 $185. Further expense of $360 incurred, which was paid on 30Jan20 for cancelled training sessions that were late advised. 
 
FY18 
Invoices Payable - $175 awaiting invoice from EHBA.
Intra-Liabilities - Funds of $385 returned by Port Adelaide Council for Kilburn Community Centre and held on behalf of Southern Kings.  
 
FY17 
Debtors - Key and Bond deposit of $385 paid to Port Adelaide Council for Kilburn Community Centre stadium access (Key Deposit $55, Bond $330). 
Intra-Liabilities - Key & Bond deposit funds belong to Southern Kings Basketball. 
Direct Deposits - Included $2,595.76 in Donations. 
 
FY16 
Direct Deposits - Included $724.35 in Donations. 
 
FY15 - Represented period from 10 April 15 to 30 Jun 15. 10 April was date of Pre-Incorporation General Meeting. 
Invoices Payable - Represents payments to various suppliers which were grouped together as reimbursement. This was necessary in order to pay suppliers on time while waiting-out for dedicated RAVSTASS bank accounts to be opened. Further expenses were incurred prior to incorporation and paid under direct sponsorship by the founder. 
Online Payments - Included included PayPal transaction fees. PayPal no longer used for gateway. 
 
Recommended reading on Accounting Definitions. 
 

Coding Transactions 
To be able to run separate Income Statements to internally manage, track and budget separate sports and activities, the following coding of transactions needs to be applied to banking transactions and online transactions. This is to be managed by the Committee and guidance provided where delegated to other managers to effect transactions. This will enable performance reporting at macro level of each division and micro level of each sport/activity. 

Coding of transactions is made up of eight (8) characters, including six (6) digits. For example....
RS-08-01-02 = Basketball Teams 
RS-01-00-11 = Sponsorship for all Sports in River Division 
RS-06-01-31 = Golf specific Grant 
To request further codes be added, please contact the Treasurer. 

Prefix  CodeID	Digit 1&2  Division	Digit 3&4  Activity	Digit 5&6  Reason
RS	01 = River	00 = All Sports 01 = Kayaking  02 = Waterskiing	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	02 = Air	00 = All Sports	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	03 = Valley	00 = All Sports  01 = Slackilining  02 = Rockclimbing  03 = Hiking  04 = Mountain Biking	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	04 = Sea	00 = All Sports 01 = Surfing  02 = Scuba  03 = Jet Ski	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	05 = Track	00 = All Sports  01 = Motorcycling  02 = Go Karting	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	06 = Aim	00 = All Sports 01 = Golf  02 = Archery  03 = Shooting	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	07 = Snow	00 = All Sports	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	08 = Stadium	00 = All Sports 01 = Basketball  02 = Netball	01 = Core   02 = Teams  03 = Events  11 = Sponsor [Name] 21 = Donor [Name] 31 = Grant [Name]  51 = Consignment Hire [Name]  81 = Stock New Books  82 = Stock New Clothing  83 = Stock New Equipment  91 = Stock Used Books  92 = Stock Used Clothing  93 = Stock Used Equipment
RS	00 = HQ	00 = HQ	10 = Governance  11 = Association Incorporation  12 = Association Governance    20 = Operations  21 = Multi-Sport Teams  22 = Multi-Sport Events  23 = Multi-Sport Awards  28 = First Aid  29 = Signage & Banners    30 = Sponsors  31 = Multi-Sport Sponsor [Name]   40 = Donors  41 = Donor [Muehlberg Trust]  42 = Donor [Rebel  Sports]    50 = Grants  51 = Multi-Sport Grant [Name]    60 = Membership  61 = Member Subscriptions  62 = Member Discount Cards  63 = Member Postage  64 = Member Merchandise  70 = Committee  71 = Committee Business Cards  72 = Committee Cloud Storage  73 = Committee Ink Stamps  79 = Committee Electronics    80 = Finance  81 = Fees Banking  82 = Fees Accounting  83 = Fees Auditing  89 = Interest  90 = Vending   91 = POS Main Website  92 = POS Other Websites  99 = HDWD