Cash Flow Report March 2014

Monthly Cash Flow for March 2014
Summary
Starting Balance	966.33
Cash Flow	142.22
Ending Balance	1,108.55
Cash Received
Membership Income	1,470.00
Workshop Income	80.00
Total Income	1,550.00
Cash Paid Out
Rent	825.00
Internet	192.20
Insurance	48.67
Water
Electricity	188.54
Bank Merchant Charges	60.07
Bank Fee	18.55
Quickbooks	54.95
Keys	9.85
Intuit	9.95
Total Expenses	1,407.78
Member count	57
New Members	4

 

Bank fees were a bit more than normal this month due to closing the Suntrust account. Jamie is responsible for completing this task any the remaining $6.55 may or may not be transferred to the new account. There was also an unexpected charge of $100 from Comcast for a technical service call. Martes stated that we should not have been charged for that and is following up with Comcast for a credit.

The March Soldering workshop was a great success. In addition to the $80 listed on this report, $60 was paid by credit card which will appear on next month's cash flow report.

Not shown on this report is the quarterly water bill, which totaled $154.56. This will also appear on next month's cash flow report.

Essex Family Group has updated the rental agreement from $825/month to $850/month based on the federal CPI (inflation).