# A savings account at Wells Fargo bank which pays trivial interest;
# A checking account at Wells Fargo bank which pays no interest, and which has a debit card attached;
# A account with PayPal which pays not no interest, but which is useful for online purchases and the receipt of payments.
The balance of the PayPal account is kept to about $500, unless a larger purchase is contemplated. The checking account is held to the amount felt necessary to cover checks and debits. The rest is placed in the checking savings account, and transfers between the three are made as necessary to maintain each at the desired level.
'''Bookkeeping''' is done using GnuCash, free and open source software which is available for both Windows and Linux operating systems.
'''Reporting''' consists of monthly statements of income and expenses against the General Fund submitted to the Board, plus the balances of a few special funds, including the Investment Fund. At present, no balance sheets are offered at any frequency. One Consul has asked that these be prepared monthly, the other has vetoed this.
'''Pricing''' is a non-trivial task, especially considering the huge number of items on offer. There are a few guidelines, which are that the cost of any item, exclusive of shipping, should be set so that the member price is twice the identifiable costs, with non-member pricing set by applying member discounts in reverse. These non-member prices are then rounded up to the nearest dollar, save that only two-digit values will be used.:
This last means that after $99 and $100* The raw cost of any item, plus the next prices price of a second ounce of postage times the number of ounces or fractions thereof, should be $110doubled and rounded up to equal the member price, $120, $130, $140, etcwith non-member prices set by applying member discounts in reverse.
An alternate proposal still under consideration is * Prices are generally rounded up to use the 5% preferred value systemnearest dollar, save that only two-digit values will be used. After prices of This last means that after $1 through 99 and $9 dollars100, all others are taken from the following list, with as many multiples of ten as needed: 10, 11, 12, 13, 15, 16, 18, 20, 22, 24, 27, 30, 33, 36, 39, 43, 47, 51, 56, 62, 68, 75, 82, and 91. In this system, next prices after $100 would should be $110, $120, $130, $150140, etc. At present, this is only being used to price used books, but it may spread.
The logic here * An alternate proposal still under consideration is that sophisticate buyers are not impressed by pricing things at $19to use the 5% preferred value system.95, preferring After prices of $20 1 through $9 dollars, all others are taken from the following list, with as more honestmany multiples of ten as needed: 10, 11, 12, 13, 15, 16, 18, 20, 22, 24, 27, 30, 33, 36, 39, 43, 47, 51, 56, 62, 68, 75, 82, and 91. It also permits changing In this system, prices in bulk much more quickly due after $100 would be $110, $120, $130, $150, etc. At present, this is only being used to price used books, but it may spread. * Used books will use the limited number of discrete prices possibleabove procedure to set the minimum price at which they will be offered, but initial pricing should be informed by market value.
The rest of this section is left for development by the officers listed above.