| svaye | Good afternoon thomasboimah and dcammue | 12:23 |
|---|---|---|
| dcammue | Good afternoon svaye | 12:23 |
| thomasboimah | Good afternoon svaye | 12:23 |
| thomasboimah | Good afternoon dcammue | 12:24 |
| dcammue | Good afternoon thomasboimah | 12:24 |
| dcammue | How you guys doing? | 12:24 |
| mulbah | Hello guy | 12:24 |
| thomasboimah | Good and you? | 12:24 |
| jelkner | Good afternoon thomasboimah, dcammue, mulbah and svaye! | 12:25 |
| dcammue | Good morning honorable jelkner | 12:25 |
| thomasboimah | Good morning jelkner | 12:25 |
| mulbah | Good morning jelkner | 12:25 |
| svaye | Good morning jelkner | 12:25 |
| jelkner | We had an *amazing* trip to North Carolina! | 12:25 |
| svaye | That's wonderful | 12:26 |
| mulbah | that is awesome to hear | 12:26 |
| jelkner | We saw two working examples of the very kinds of solidarity economy ecosystems we hope to build. | 12:26 |
| jelkner | Poder Emma is the result of more than 20 years of work. | 12:27 |
| jelkner | So we also were provided with help in forming a realistic time frame for what it will take. | 12:27 |
| jelkner | They are organized to provide housing, work, food, and recreation to their members. | 12:28 |
| jelkner | We met in the large building they now collectively own. | 12:29 |
| jelkner | They hold meetings there, members can use the space for parties, 4 worker co-ops work there, and they are forming a fifth that will be doing textile production. | 12:29 |
| jelkner | Anyway, it's .... SHOWTIME! | 12:30 |
| thomasboimah | Impressive!! | 12:30 |
| dcammue | Thanks jelkner it is impressive | 12:30 |
| thomasboimah | Yesterday, I worked on Ms. Scholl's website, and it is nearly complete. We just need a few more pieces of information to finish it. I plan to talk to Kei so she can email Ms. Scholl for the remaining details. Today, I intend to do some reading on Django documentation. And take another look at the website. | 12:30 |
| thomasboimah | ACTION done | 12:31 |
| jelkner | Today i will be unpacking from my weeks of travel, and i'll resume studying for the praxis exam i have next tuesday, and preparing to meet mr. zawolo on monday. | 12:31 |
| jelkner | no blockers | 12:31 |
| jelkner | ACTION done | 12:31 |
| dcammue | Yes I did a practice on html and css skills improvement and I am reading on gnucash today | 12:31 |
| dcammue | ACTION done | 12:32 |
| dcammue | *yesterday * | 12:32 |
| svaye | Today I will resume my Spanish learning, I wasn't able to focus on it this week because of the arrival of my grandma, but she's leaving today. | 12:32 |
| svaye | ACTION done | 12:32 |
| klarios | Hi all! sorry for being a bit late! | 12:33 |
| jelkner | Good morning klarios, please look at the log to see what transpired | 12:33 |
| jelkner | Good afternoon freena, please look at the log to see what transpired | 12:34 |
| freena | Okay jelkner | 12:34 |
| klarios | alright jelkner | 12:34 |
| freena | Sorry I'm late | 12:34 |
| jelkner | thomasboimah, svaye and jelkner have already reported | 12:34 |
| jelkner | and dcammue | 12:35 |
| jelkner | we are waiting on mulbah | 12:35 |
| jelkner | and the two late comers | 12:35 |
| klarios | great! well Today I will be working on doing research for a lending cooperative partner for NWD. Also good news, we are finally signers in the bank account! | 12:37 |
| klarios | me and svaye got class today after a while! | 12:37 |
| freena | Yesterday, I went to the business registry to get some updates, today I will be studying html and css | 12:37 |
| klarios | w/me done | 12:37 |
| klarios | ACTION done | 12:38 |
| mulbah | Yesterday I read on Caching in Djnago and plan to add it to my website for improved performance and also work on Ms. Scholl's website. | 12:38 |
| freena | I also did some research on the map | 12:38 |
| freena | ACTION done | 12:38 |
| klarios | thomasboimah: did you see all of the emails I sent from Ms. Scholl | 12:38 |
| klarios | ? | 12:38 |
| thomasboimah | Yes klarios | 12:38 |
| klarios | of all the images | 12:38 |
| klarios | great! now you need the content right? | 12:38 |
| mulbah | ACTION done | 12:39 |
| jelkner | Super! | 12:39 |
| jelkner | We finished in under 10 minutes. | 12:39 |
| thomasboimah | but i still need some information like: Chapter Officer name, Photo and position | 12:39 |
| jelkner | Way to rock it, websters! | 12:39 |
| klarios | yep jelkner ! we've been exercising the under 10 minutes muscle! | 12:40 |
| jelkner | thomasboimah, i don't want to distract you from your conversation with klarios | 12:40 |
| dcammue | freena | 12:40 |
| jelkner | but i'd like to take a few minutes for a look at our medium term goals before i get to work for the day | 12:40 |
| thomasboimah | jelkner, ans klarios the secosol website is now life! | 12:40 |
| thomasboimah | *and | 12:40 |
| klarios | I saw! Thank you thomasboimah !!! | 12:40 |
| freena | Yes dcammue | 12:41 |
| jelkner | you da' man, thomasboimah! | 12:41 |
| jelkner | in fact, that is exactly what i want to reflect on so all of us can see it. | 12:41 |
| klarios | I was truly excited when I saw it yesterday, given our experience I also want to see a blog for the site soon | 12:41 |
| dcammue | What update did you got from the LBR? | 12:41 |
| jelkner | thanks to the fantastic work of thomasboimah | 12:42 |
| klarios | thank you jelkner, lets shift the conversation that way | 12:42 |
| jelkner | we are moving toward becoming a legit business | 12:42 |
| jelkner | and we are reaching important milestones that we need to note | 12:42 |
| jelkner | and replicate | 12:42 |
| jelkner | 1. thomasboimah had his first pull request accepted by cjones | 12:43 |
| jelkner | that was *HUGE* | 12:43 |
| jelkner | since it means a first successful completion of a process that will need to happen hundreds of times in the near future | 12:43 |
| jelkner | and involve not just thomasboimah, but mulbah and gabriel too | 12:43 |
| jelkner | when that happens, we have our dev team for real | 12:44 |
| jelkner | and we can begin to look for customers | 12:44 |
| jelkner | and generate all the revenue we need on a regular basis | 12:44 |
| jelkner | that brings me to number 2 | 12:44 |
| jelkner | 2. The Ms. Scholl website | 12:44 |
| jelkner | this isn't finished yet | 12:45 |
| jelkner | but when it is, it will be another milestone | 12:45 |
| freena | We can go ahead with the change of name for now | 12:45 |
| jelkner | it will be a customer that came to us through word of mouth | 12:45 |
| jelkner | and whom we were able to serve | 12:45 |
| jelkner | successfully | 12:45 |
| jelkner | we will need lots more of those | 12:45 |
| freena | Since it's not the cooperative name that we was to get changed | 12:45 |
| jelkner | but a journey of a thousand miles begins with a single step | 12:46 |
| jelkner | and this is our first step | 12:46 |
| jelkner | also fantastic is the way thomasboimah handled SECOSOL | 12:46 |
| jelkner | i checked each day and was thrilled when i saw the site back up | 12:46 |
| jelkner | there will be paid SECOSOL work to do | 12:46 |
| jelkner | so that will provide more opportunity for you to learn and grow in your experience | 12:47 |
| dcammue | After that what next freena? We don't need to take it back to LBR for verify or anything else? | 12:47 |
| jelkner | that's all i wanted to say for now | 12:47 |
| thomasboimah | Thanks for the kind words jelkner | 12:48 |
| jelkner | thomasboimah, i think one of your main tasks is to continue to learn to co-ordinate with mulbah and gabriel | 12:48 |
| jelkner | so that your power can be multiplied by 3 | 12:48 |
| thomasboimah | sure! | 12:48 |
| jelkner | ok, freena, i'm going to call mr. zawolo today | 12:49 |
| freena | Like I said dcamm, we don't need to take it back since the incorporators names are not written on the business certificate | 12:49 |
| jelkner | i'm getting together with him on monday | 12:49 |
| klarios | yes! One thing that I want to see is a a collaborative workflow, clearly there are so many things to do. SItes, servers, internal technology, Tech debt, etc. and we agree that thomasboimah mulbah gabriel can do it! it truly is a matter of figuring out what are the strengths and the passions of individuals while considering priority | 12:49 |
| freena | I Spoke with Mr. Zawolo concerning the office space jelkner | 12:49 |
| jelkner | what did he say freena? | 12:50 |
| freena | And he said that he will be in Liberia by August so the search for the office space should begin when he come to Liberia | 12:50 |
| jelkner | +1 | 12:51 |
| jelkner | freena, i'll be discussing budget with him on monday too | 12:51 |
| jelkner | in addition to funding for the office, i want to send whatever financial resources i can, so we can avoid transfer fees | 12:52 |
| freena | Okay jelkner | 12:52 |
| jelkner | but that means budgeting for them, so they are managed properly | 12:52 |
| jelkner | we need to talk about that before mr. zawolo leaves | 12:52 |
| jelkner | thomasboimah, i'm going to call cjones today | 12:53 |
| jelkner | and talk about the database server | 12:53 |
| jelkner | for gnucash | 12:53 |
| freena | Sure jelkner | 12:53 |
| thomasboimah | klarios, can you please email Ms. Scholl today and ask her for their: 1. Chapter Office name, photo and position 2.Membership Brochure 3. Contact info. | 12:53 |
| thomasboimah | Okay jelkner | 12:53 |
| jelkner | it would be great if we could learn to keep books together using a shared database for gnucash sooner rather than later | 12:53 |
| jelkner | ok, i'm going to log off to get to work | 12:54 |
| jelkner | can we meet monday at the same time and place? | 12:54 |
| thomasboimah | +1 | 12:54 |
| klarios | Sure! I will forward you the email she decided for her office and I will message her about the brochure + Position and then contact info | 12:54 |
| dcammue | Okay thanks jelkner | 12:54 |
| jelkner | i won't be able to meet tuesday, since i'll be taking my praxis exam | 12:54 |
| klarios | after this I believe we will be ready to show her the site right thomasboimah ? | 12:54 |
| thomasboimah | sure klarios ! | 12:55 |
| jelkner | have a great weekend everyone! | 12:55 |
| jelkner | see you hear on monday | 12:55 |
| dcammue | You too | 12:55 |
| freena | Have a great weekend jelkner | 12:55 |
| svaye | Have a wonderful weekend jelkner | 12:55 |
| jelkner | ACTION signs off until monday | 12:55 |
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| klarios | great! I've got to head out for a bit but I will see svaye in a bit | 12:55 |
| thomasboimah | klarios you have access to the website right? You can take a look at the current version of the website | 12:56 |
| klarios | yes I do | 12:56 |
| klarios | I will take a look today | 12:56 |
| svaye | See you in 2hrs klarios | 12:56 |
| thomasboimah | Okay | 12:56 |
| klarios | see you svaye ! | 12:56 |
| dcammue | R5/me leaving | 12:56 |
| klarios | goodbye all! | 12:56 |
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| dcammue | ACTION leaving | 12:56 |
| svaye | ACTION signs off till 3pm | 12:57 |
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| thomasboimah | bye guys | 12:57 |
| thomasboimah | ACTION leaving | 12:57 |
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| freena | Good bye guys | 12:57 |
| klarios | Hi svaye ! | 14:59 |
| svaye | Hi klarios, how are you doing? | 14:59 |
| klarios | I am doing well thank you! we got back from our trip yesterday so i am a bit tired | 14:59 |
| klarios | other than that pretty well | 14:59 |
| klarios | I was checking the decidim page and noticed that I didn't publish the module for this unit. I still want to figure out how to go about it | 15:00 |
| svaye | I understand | 15:00 |
| klarios | last time we saw each other we did numbers | 15:00 |
| klarios | 1-20 | 15:00 |
| klarios | and then numbers 10-100 | 15:00 |
| klarios | You also looked at some common accounting terms in spanish | 15:01 |
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| klarios | I asked that you write down those terms and understand them so that you can bring them up today and have a conversation of what term you would like to work with first! | 15:02 |
| svaye | Liquidacion | 15:03 |
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| klarios | Great! Liquidacion is one of the terms that you learned? | 15:04 |
| klarios | from what you learned, what does it mean? | 15:04 |
| svaye | The meaning of that is settlement in english, which is the process of closing a business, and selling it assets to pay off depts | 15:07 |
| svaye | I didn't get that from the video because it was in spanish so I looked it up on the Internet | 15:07 |
| klarios | No worries, the video was not too helpful for definitions | 15:08 |
| klarios | there arent many resources for spanish learner accountants | 15:08 |
| klarios | but we will make them! | 15:08 |
| klarios | and yes that is correct! | 15:09 |
| klarios | it isnt necesarily to pay its debts | 15:09 |
| klarios | It can be asset sharing or asset distribution to their shareholders | 15:09 |
| klarios | for example is NWD were to dissolve or close down, the worker owners would get 1/3 of all its assets | 15:09 |
| klarios | so we will be focusing on liquidation | 15:11 |
| klarios | in order to understand liquidation we need most of the concepts of accounting basics | 15:12 |
| klarios | since the assets will mostly equity, here is the math performed: Net Equity=Total Assets−Total Liabilities | 15:12 |
| klarios | Patrimonio Neto=Activos Totales−Pasivos Totales | 15:12 |
| klarios | Patrimonio refers to equity | 15:12 |
| klarios | Activos refers to assets (or active assets) | 15:13 |
| klarios | pasivos refers to liabilities | 15:13 |
| klarios | activos will always be positive while pasivos will be negative (liabilities) | 15:14 |
| klarios | to calculate assets and liabilities or profit, we need a balance sheet | 15:14 |
| klarios | balance sheets can be extensive depending on the industry of a business. | 15:15 |
| klarios | for our beneit, the balance sheet will be Nova web dev's balance sheet! | 15:15 |
| klarios | does this all make sense? | 15:16 |
| svaye | Yes, I know how to create a balance sheet, income statement and general ledger | 15:16 |
| klarios | Great! so you've already got the concepts we need in english! | 15:17 |
| svaye | Yeah, we can say that | 15:17 |
| klarios | in terms of liquidation of a cooperative we have to consider other aspects to dissolution | 15:18 |
| klarios | if a cooperative is a members of a incubator or a parent holdings company, the liquidation would be affected by that | 15:18 |
| klarios | calculating those percentages varies on how much influence a stakeholder has on a cooperative! since cooperatives are not extractive, normally stakeholders keep under 10% of the settlement | 15:19 |
| klarios | and if accounts payables are high, it is even trickier to calculate all of the variables | 15:20 |
| klarios | for example if a company decides to dissolve while still paying off a company loan, who pays that loan, do partners get any of the liquidation?, etc | 15:21 |
| klarios | since we will be focusing on balance sheets, loss or gain, and interest (for accounts payable), I will assign you to complete a balance sheet vocab assignment | 15:23 |
| klarios | you willl learn about accounts payable, cash, income, expenses, equity, and PPE, etc. | 15:24 |
| klarios | does that sound like a good step? | 15:24 |
| svaye | Yeah | 15:24 |
| klarios | Alright, since that was the direction of the lesson. It is up to me to show you the materials where you will learn about these concepts | 15:26 |
| klarios | or if you like to take it your own pace | 15:26 |
| klarios | so my homework for myself is to give you resources to build our balance sheet in spanish | 15:27 |
| svaye | I have accounting books, but it will be great if you can send me other materials | 15:27 |
| klarios | my goal is for you to understand numbers and vocabulary in spanish | 15:27 |
| klarios | no worries svaye ! Today Is kind of a planning class to see where the next step must be taken | 15:28 |
| klarios | and we chose our next step | 15:28 |
| klarios | so on tuesday expect us to take our first step into spanish accounting / book keeping | 15:28 |
| klarios | ! | 15:28 |
| svaye | Alright, should the balance sheet be ready by then??? | 15:29 |
| klarios | my plan is to use GNU cash in spanish | 15:29 |
| klarios | Nope we will create the balance sheet together1 | 15:29 |
| klarios | ! | 15:29 |
| svaye | Alright | 15:30 |
| klarios | on tuesday you will be introduced to balance sheet concepts | 15:30 |
| klarios | and you will be introduced to GNU cash in spanish! | 15:30 |
| svaye | That's wonderful!! | 15:30 |
| klarios | yep! I will have to do deeper documentation though | 15:34 |
| klarios | I am hoping you can help me with that | 15:34 |
| klarios | ! | 15:34 |
| klarios | we can consult jelkner as well | 15:34 |
| klarios | I know he said he wants you to write a book about it! | 15:35 |
| klarios | this book can have be in spanish and english! | 15:35 |
| svaye | Just let me know what should be done, klarios | 15:35 |
| klarios | Of course! I will look into the documentation that jelkner uses | 15:35 |
| klarios | I will give you news on tuesday | 15:36 |
| klarios | for now | 15:36 |
| klarios | lets do some reasearch about GNU cash | 15:36 |
| klarios | jelkner sent some resources a couple of days ago | 15:36 |
| klarios | I will take a look | 15:36 |
| klarios | and i will also look through their spanish page | 15:36 |
| svaye | Alright | 15:37 |
| klarios | great! that is good for today then, I will see you on tuesday! | 15:37 |
| klarios | I am excited to get this unit going | 15:37 |
| klarios | once in a while we will be sneaking exploraciones works + grammar work so that you learn to do pronunciation sooner | 15:38 |
| svaye | Thanks for the time klarios | 15:38 |
| klarios | of course svaye ! see you for class on tuesday! | 15:38 |
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