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Fiscal Host Ledger Perspective

A Fiscal Host's ledger can be viewed from a few different perspectives. Read on for greater understanding of how Fiscal Hosts can view the ledger.

A fiscal host perspective includes two sets of transactions:

  1. Transactions related to the fiscal host organization account (operational funds).

  2. Transactions related to the accounts of the collectives hosted (past and present) by the fiscal host (managed funds).

Therefore, the fiscal host ledger includes a large and more complex set of transactions. Lets take the following example where three collectives hosted by the Fiscal Host each receive each one contribution. This results in three groups of transactions:

An example of a Fiscal Host's ledger featuring 24 rows. The table includes examples of all of the different kinds of transactions that may appear on their transaction list, grouped into three transaction groups to showcase that the transactions are associated with three separate Collectives.

The “Operational Funds” perspective (funds that belong to the Fiscal Host as an organization) would show:

  1. Income credited to the as a HOST FEE transaction from each of the three contributions.

  2. Platform fees debited from the host to the platform (if there is a revenue share agreement with the platform) as a HOST FEE SHARE transaction.

An example of the transactions list from the "Operational Funds" perspective. It shows funds that are credited to the Fiscal Host and the debits that the Fiscal Host pays associated with all three of the transactions.

The “Managed Funds” perspective (funds held by the Fiscal Host on behalf of collectives) would show an aggregated view of all the transactions from their hosted collectives. In this case it would show:

  1. Income credited to each of the collectives as a CONTRIBUTION transaction.

  2. Fees debited from each of the collectives for payment processor fees as a PAYMENT PROCESSOR FEE transaction.

  3. Host fees debited from each of the collectives as a HOST FEE transaction.

An example of the transactions list from the Managed Funds perspective. It features income credited to each of the collectives, and fees debited from each of the collectives for payment processing and hosting.
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