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| Main / Rookie Area / NOOB Questions About Finances and Managing Facilities Search Forum | |
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| Poster | Message |
| posted: 2022-07-24 17:52:07 (ID: 100168222) Report Abuse | |
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You will not be able to skip reading some stuff.
Manual is good My Guide in the blog section Some Guide here in rookie section Have fun. |
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| posted: 2022-07-25 01:11:59 (ID: 100168225) Edits found: 1 Report Abuse | |
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Captain Jack wrote:
As some may know I posted under Suggestions on the topic of Financial Difficulty having received a warning myself and trying to help future managers. My feeling was that once one gets into difficulty it is like being in a pit and trying to dig yourself out the hole just gets deeper. Having played the game for a number of years arguably I should not have got into this situation. However, having had tons of cash I paid scant attention to finances. It's like a millionaire receiving a few car parking fines - what's the problem? Anyway I have now got things under control, I believe, as I have had no further warnings and actually have a positive cash balance. This brings me to my question which shows a complete lack of understanding of how finances work. Under the Economy tab my cash balance is $9,695,771. However, my balance for this week is showing as -$6,220,920. Last week my balance was around $7,000,000 and of that I paid $2,000,000 into the mediacenter. So by my calculations my cash balance would be -$1,220,920 That is $7,000,00 minus $2,000,000 = $5,000,00 and then my expenditure this week is $6,220,920 more than my income. So to me that equals -$1,220,920. How can I have a positive and not negative cash balance? Am I missing a very basic simple rule? balance for this week = -$6,220,920 = expenditure this week Are you sure ? Last edited on 2022-07-25 01:12:48 by Drogon |
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| posted: 2022-07-25 06:37:52 (ID: 100168226) Report Abuse | |
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Captain Jack wrote:
salut, although the message is convoluted and more so using the translator since I don't speak any English, I understand, or I want to understand that they are 2 different weeks, so the difference is in the 2 million mediacenter, in 1 you have a balance negative of 1220920, but in the 2 without mediacenter, it should be + 779080
As some may know I posted under Suggestions on the topic of Financial Difficulty having received a warning myself and trying to help future managers. My feeling was that once one gets into difficulty it is like being in a pit and trying to dig yourself out the hole just gets deeper. Having played the game for a number of years arguably I should not have got into this situation. However, having had tons of cash I paid scant attention to finances. It's like a millionaire receiving a few car parking fines - what's the problem? Anyway I have now got things under control, I believe, as I have had no further warnings and actually have a positive cash balance. This brings me to my question which shows a complete lack of understanding of how finances work. Under the Economy tab my cash balance is $9,695,771. However, my balance for this week is showing as -$6,220,920. Last week my balance was around $7,000,000 and of that I paid $2,000,000 into the mediacenter. So by my calculations my cash balance would be -$1,220,920 That is $7,000,00 minus $2,000,000 = $5,000,00 and then my expenditure this week is $6,220,920 more than my income. So to me that equals -$1,220,920. How can I have a positive and not negative cash balance? Am I missing a very basic simple rule? Did I understand correctly? |
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Captain Jack
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posted: 2022-07-25 14:37:38 (ID: 100168227) Report Abuse |
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I appreciate feedback by Jack, Drogon and especially Kharmax, since s/he doesn't speak English. I will try to simplify things.
So I am posting here results for this week. Today 27th July: Financial History for This Week: Income 2,059,040 Expenditure -7,495,471 Balance -5,436,431 That I understand. Cash = 5,119,758 When I get my next financial statement I will post it here. Then I can ask the question. (Thank you for bearing with me). |
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| posted: 2022-07-26 19:23:26 (ID: 100168253) Edits found: 1 Report Abuse | |
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Wait, I reread that and have a question. You "paid" 2 million or received 2 million?
Captain Jack wrote:
I appreciate feedback by Jack, Drogon and especially Kharmax, since s/he doesn't speak English. I will try to simplify things. So I am posting here results for this week. Today 27th July: Financial History for This Week: Income 2,059,040 Expenditure -7,495,471 Balance -5,436,431 That I understand. Cash = 5,119,758 When I get my next financial statement I will post it here. Then I can ask the question. (Thank you for bearing with me). Last edited on 2022-07-26 19:25:20 by sfniner08 |
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| posted: 2022-07-27 00:11:02 (ID: 100168269) Report Abuse | |
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Captain Jack wrote:
Today 27th July: Financial History for This Week: Income 2,059,040 Expenditure -7,495,471 Balance -5,436,431 That I understand. Cash = 5,119,758 posted: 2022-07-25 14:37:38 (ID: 100168227) Today was the 25th (not 27th) |
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Bovakian
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posted: 2022-07-27 08:42:20 (ID: 100168275) Report Abuse |
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Drogon wrote:
Captain Jack wrote:
Today 27th July: Financial History for This Week: Income 2,059,040 Expenditure -7,495,471 Balance -5,436,431 That I understand. Cash = 5,119,758 posted: 2022-07-25 14:37:38 (ID: 100168227) Today was the 25th (not 27th) Didn't you know that Captain Jack is from the future? |
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Captain Jack
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posted: 2022-07-30 11:25:16 (ID: 100168307) Report Abuse |
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Bovakian wrote:
Didn't you know that Captain Jack is from the future?  |
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Captain Jack
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posted: 2022-07-30 11:31:32 (ID: 100168308) Report Abuse |
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Sorry but I've been extremely busy recently (and still am) so haven't had a chance to follow up on what I wrote before but here is my first simple question:
What is my cash? Where does it come from? To explain - my income for the season so far is 87,603,421 My expenses are 105,137,076 Balance of -17,553,655 My cash is 9,864,800 - I don't understand how this is arrived at (especially since it has been increasing during the period while my expenses are more than my income). |
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| posted: 2022-07-30 12:25:03 (ID: 100168309) Report Abuse | |
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Captain Jack wrote:
To explain - my income for the season so far is 87,603,421 My expenses are 105,137,076 Balance of -17,553,655 My cash is 9,864,800 - I don't understand how this is arrived at (especially since it has been increasing during the period while my expenses are more than my income). Let me try to explain to you my finances. This season: Expenses 124.700.398 Income 113.327.015 Balance -11.373.383 My cash is 123.571.053. Where that come from? Ups I must had a cash like 135.000.000 before season started  .
For you it is simple as that, you had 27+ millions in cash before season started. |
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