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| *** dcammue has quit (Ping timeout: 480 seconds) | 11:15 | |
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| jelkner | Good morning dcammue and fkoikoi! | 11:51 |
|---|---|---|
| fkoikoi | Good Morning jelkner | 11:52 |
| svaye | Good morning jelkner fkoikoi gabriel_jetro and dcammue | 11:52 |
| jelkner | Good morning svaye, i don't think gabriel_jetro is here | 11:54 |
| jelkner | he is grayed out | 11:54 |
| jelkner | which usually means "away" | 11:54 |
| gabriel_jetro | I'm here | 11:54 |
| jelkner | ah, gabriel_jetro, contrats to your mom!! | 11:55 |
| jelkner | and thanks for the very thoughtful email | 11:55 |
| gabriel_jetro | Thanks jelkner I have already told her about your email | 11:55 |
| jelkner | i hope to meet her when i'm there this summer | 11:56 |
| jelkner | we should ask for her advice | 11:56 |
| dcammue | hi jelkner | 11:56 |
| mulbah | Good morning everyone | 11:56 |
| jelkner | dcammue, did you get a chance to look at the documents i sent lindsey? | 11:56 |
| gabriel_jetro | Good morning mulbah | 11:57 |
| dcammue | yes i did | 11:57 |
| jelkner | Good morning mulbah! | 11:57 |
| jelkner | it's been a minutes (as the young folks here say) | 11:57 |
| jelkner | a minute | 11:57 |
| jelkner | not plural | 11:57 |
| jelkner | lol | 11:57 |
| dcammue | i have a little concern on that document | 11:57 |
| thomasboimah | Greeting everyone | 11:57 |
| jelkner | let's chat after the stand up | 11:57 |
| jelkner | dcammue, | 11:58 |
| dcammue | we will discuss after the stand-up meeting | 11:58 |
| jelkner | Yesterday i worked on SECOSOL finances. Due to snow we cancelled our planned in person meeting with Lindsey, but i sent her (and cc'd dcammue) links to the documents i prepared during the day. Today i will divide my time between my UoPeople writing assignment and APS lesson prep. No blockers. | 12:00 |
| jelkner | ACTION done | 12:00 |
| svaye | During the week I started working on the bookkeeping book, and it's going pretty well. I also spoke with Mr Zawolo and he told me he's mourning the lost of his son, so decided to give him time to heal. I also read the mail and the business plan I drafted is still on codeberg, dcammue and I can work on that. No blockers. | 12:00 |
| thomasboimah | Yesterday we started writing tests in Business Tracker, starting with the account app. Today, I will be working on my UoPeople discussion forum and continuing to write tests for the account app. | 12:00 |
| gabriel_jetro | Yesterday I worked on mattoral servers to work on my local machine, currently I'm blocking on booting into my computer due to the set-up I did with the repo, I'll continue working on it after our stand up meeting. | 12:00 |
| thomasboimah | ACTION done | 12:00 |
| dcammue | during the weekend, after my return from my grandmother, i tried figuring out how to get the matorral running locally on my machine, and i had a blocker that was solved by thomasboimah, shou-out to him! and also monitored zOnny and thomasboimah conversation yesterday, looked at jelkner spreadsheet. today, i will meet jelkner as he proposed. | 12:00 |
| gabriel_jetro | ACTION done | 12:00 |
| thomasboimah_ | On Friday I created a form(student feedback form) and published it in NoVASEN on the component list, I also started working on a survey (similar to normal form) since there was nothing created under both the Survey and Form component. Today I'll continue. blocking on getting Mr. Zawolo to respond to my messages. | 12:00 |
| fkoikoi | During the week, I read the decidim book and practice html and css and I created a post component and did a post this morning about the meeting jetro members on Tuesday on decidim . Today, I plan to start working work on the proposal and also start using decidim for the school project. | 12:00 |
| fkoikoi | ACTION done | 12:00 |
| svaye | ACTION done | 12:00 |
| gabriel_jetro | I'm sorry I wasn't able to join the meeting on Saturday and Sunday jelkner, I was out of data that's why | 12:00 |
| jkollie | On Friday I created a form(student feedback form) and published it in NoVASEN on the component list, I also started working on a survey (similar to normal form) since there was nothing created under both the Survey and Form component. Today I'll continue. blocking on getting Mr. Zawolo to respond to my messages. | 12:00 |
| jkollie | ACTION done | 12:01 |
| fkoikoi | oh here is the link to the post: https://novasen.org/assemblies/nova-solidarity-econ/f/147/ | 12:01 |
| jelkner | awesome! | 12:02 |
| jelkner | ok, let me comment on a few things | 12:02 |
| jelkner | 1. thomasboimah_, you need to be careful with what you put in the NoVASEN Decidim | 12:02 |
| jkollie | Apologies thomasboimah had his nickname on my channel | 12:03 |
| jelkner | I am *so* glad to see initiative, and you rock for having a lot of it. | 12:03 |
| jelkner | But you can sometimes have too much of a good thing ;-) | 12:03 |
| jkollie | Its jkollie | 12:03 |
| jelkner | The forum appeared on the homepage, and it was very confusing | 12:03 |
| thomasboimah | it not me jelkner | 12:03 |
| thomasboimah | it is jkollie | 12:03 |
| jelkner | jkollie, you should work directly with klarios when you want to do something like that | 12:04 |
| jelkner | again, i applaud your initiative jkollie | 12:04 |
| jkollie | Okay | 12:04 |
| jelkner | you have been inspiring in that | 12:04 |
| jelkner | keep it up | 12:04 |
| jelkner | but in the case of the NoVASEN Decidim, you need to keep the goals of the project in mind | 12:04 |
| jelkner | we are struggling to get folks to use the platform | 12:05 |
| jelkner | and we don't want to confuse them | 12:05 |
| jkollie | right jelkner | 12:05 |
| jelkner | just try to work with either klarios, tony, shahnun, or rachel when doing things like this | 12:05 |
| jelkner | as long as you consult with any one of them first, you'll be fine | 12:05 |
| jelkner | They are the core of the RABT team that is managing the platform | 12:06 |
| jelkner | ok, next thing | 12:06 |
| jkollie | Alright, I had a publishing issues that's why. Bit I had a fix | 12:06 |
| jelkner | We should start right now talking about how Jetro Web can begin to put finances on a solid business footing | 12:07 |
| jelkner | let's all do that now | 12:07 |
| jelkner | we won't figure it all out at once | 12:07 |
| jelkner | but let's try to set something up | 12:07 |
| jelkner | carry it out | 12:07 |
| jelkner | reflect on how it is working | 12:07 |
| jelkner | and make adjustments according to our concrete experience | 12:08 |
| jelkner | first thing i want to propose, and this will be the responsibility of dcammue and svaye | 12:08 |
| jelkner | is to begin to account for the money sent | 12:08 |
| jelkner | We need to keep this from becoming a tedious burden | 12:09 |
| jelkner | we don't want it to require too much time (time is money) | 12:09 |
| jelkner | so, i'm thinking since Jetro will be working with SJC and NOVA all the time | 12:10 |
| jelkner | we should set up a retainer arrangement | 12:10 |
| jelkner | https://www.investopedia.com/terms/r/retainer-fee.asp | 12:10 |
| jelkner | dcammue, svaye take a look at that article, and we can talk more about this on wednesday | 12:10 |
| jelkner | i want to make sure you understand how it works | 12:11 |
| svaye | jelkner: should we started accounting from the time the first 5K was sent? | 12:11 |
| svaye | Start* | 12:11 |
| jelkner | no, you don't need to | 12:11 |
| jelkner | that was a grant | 12:11 |
| jelkner | but this is a great question | 12:11 |
| jelkner | SJC awarded Jetro a $15K start up grant | 12:12 |
| jelkner | there is still $5K more to be sent on that | 12:12 |
| jelkner | after that, the grant has run out | 12:12 |
| jelkner | *after that*, i want to put things on a business basis | 12:12 |
| jelkner | fee for service, not grants | 12:12 |
| jelkner | so you will need to know how to account for what you receive beginning after the last $5K | 12:13 |
| jelkner | i haven't figured out the best way to transition | 12:13 |
| jelkner | i'm thinking we should practice with the next $5K | 12:13 |
| jelkner | what do you think? | 12:13 |
| jelkner | dcammue and svaye, i will be learning to do bookkeeping this year for SECOSOL | 12:14 |
| svaye | jelkner: I believe the retainer fees will only come from SJC and Novaweb, but I believe we will have other projects or will all our other projects pass through Novaweb or SJC? | 12:14 |
| gabriel_jetro | +1 | 12:14 |
| jelkner | Great question, SJC! | 12:14 |
| jelkner | I certainly hope that not *all* projects | 12:15 |
| jelkner | For two reasons: | 12:15 |
| jelkner | 1. Jetro is its own business. You will hopefully be able to find other customers that have nothing to do with NOVA Web or SJC | 12:16 |
| jelkner | 2. There are a few customers (i'm thinking about the Claudia Jones School in particular) that would be willing to work directly with you. | 12:17 |
| jelkner | Although, even there, we need to learn to manage the tax situation | 12:17 |
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| jelkner | Anyway, the best way forward here svaye is for you and dcammue to begin trying this | 12:17 |
| jelkner | so we can learn in the concrete, not the abstract | 12:18 |
| jelkner | let's learn by doing | 12:18 |
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| jelkner | so speaking of that, i have a billable request to make to get things started | 12:18 |
| svaye | jelkner: the reason I asked is because if you set a retainer fee with Novaweb and SJC, it means we will be doing work for them. Is there any work that Novaweb and SJC have for Jetroweb before we start the retainer fee. | 12:18 |
| jelkner | but we need thomasboimah_ back | 12:18 |
| jelkner | and he seems to be dropping off | 12:18 |
| jelkner | dcammue, i can't wait to get there, so i can understand better the infrastructure situation | 12:19 |
| jelkner | and the logistical situation | 12:19 |
| dcammue | so if i may understand, sjc or novaweb will be our lawyer for some project right? | 12:20 |
| jelkner | i saw gabriel_jetro's email about the hardship of getting to the office | 12:20 |
| dcammue | sure | 12:20 |
| jelkner | in the long term, if the business thrives, some of you will want to live right near the center of our economic activity | 12:20 |
| jelkner | it's a personal choice, but i live walking distance (2.2 miles) from my work | 12:20 |
| svaye | jelkner: the office is far from where some of us live that's why | 12:20 |
| jelkner | i wanted to be able to get to work on foot | 12:20 |
| jelkner | it makes my life so much better | 12:21 |
| jelkner | since transportation is not a hardship for me | 12:21 |
| jelkner | yes svaye, i understand | 12:21 |
| jelkner | remember, the center of our economic activity needs to be *somewhere*, right? | 12:22 |
| jelkner | i've had so many conversations with mr. zawolo about this | 12:22 |
| jelkner | he wanted to locate our school in far away locations | 12:22 |
| jelkner | not even near Monrovia | 12:22 |
| jelkner | you all rejected that | 12:22 |
| jelkner | then we tried to root ourselves in the community where spencer lives | 12:23 |
| jelkner | that didn't work, since it is expensive and we could not afford land | 12:23 |
| jelkner | so mr. zawolo suggested locating ourselves near the new campus of the university of liberia | 12:23 |
| jelkner | i liked that idea | 12:24 |
| fkoikoi | jkollie can you view the mail i sent you now | 12:24 |
| jelkner | since if we are going to have a real impact on economic activity in the country | 12:24 |
| jelkner | being near the university is a big plus | 12:24 |
| jkollie | Alright fkoikoi | 12:24 |
| jelkner | and, the land is still affordable there | 12:24 |
| jelkner | so that's where we are, am i right? | 12:25 |
| dcammue | jelkner, what gabriel_jetro is saying is true, but jetro is compensating them to cove up transportation every month | 12:25 |
| jelkner | or am i missing something important? | 12:25 |
| dcammue | yes that's right | 12:25 |
| jelkner | i know gabriel_jetro is right about the logistical challenges | 12:25 |
| jelkner | i'm asking about the "big picture" and the "why" of what we doing | 12:25 |
| dcammue | the big picture is a good idea | 12:26 |
| svaye | jelkner: we are on track with the bigger picture, sometimes we have to make sacrifices and we are willing. | 12:26 |
| jelkner | +1 | 12:26 |
| jelkner | my assumption is that "success breads success" | 12:27 |
| jelkner | if we can begin to make this really work | 12:27 |
| jelkner | it will support more of you to locate near the center of the activity | 12:27 |
| jelkner | over time | 12:27 |
| jelkner | years | 12:27 |
| dcammue | And making business and building around the fandell is pretty good the easy collaboration with some interested IT students | 12:27 |
| jelkner | +1 dcammue! | 12:27 |
| jelkner | one thing we will begin talking about while i'm there is how to start thinking about recruiting new Jetro members in the long term | 12:28 |
| jelkner | you 7 are a lot like "a family" now | 12:28 |
| jelkner | it will be a bit of a challenge to bring new people in | 12:28 |
| jelkner | since they will be entering a tight knit community of people who have been working together for years | 12:29 |
| jelkner | so you will have to be very conscious of how to welcome them | 12:29 |
| jelkner | but we don't need to worry about that yet! ;-) | 12:29 |
| gabriel_jetro | +1 | 12:29 |
| jelkner | 1st, we need to generate enough revenue for the 7 of you | 12:29 |
| svaye | jelkner: you mentioned something about a billable request | 12:29 |
| dcammue | jelkner, we can do that when each of jetro members can spell the word "ABLE" back and forth | 12:29 |
| jelkner | yes, svaye, thanks | 12:30 |
| jelkner | i'll write this as a User story: | 12:30 |
| jelkner | As a solidarity economy activist responsible for finances of SECOSOL and working collaboratively with dcammue and svaye, I want to be able to point my GnuCash at a Postgres backend hosted on Mayfirst so that we can share the books. | 12:31 |
| jelkner | i would like to hire Jetro to make that happen | 12:32 |
| dcammue | +1 | 12:33 |
| gabriel_jetro | +1 | 12:33 |
| dcammue | jetro can do that job | 12:33 |
| mulbah | sure | 12:33 |
| jelkner | thomasboimah_, you will be crucial in this | 12:33 |
| jelkner | you need to do it right | 12:33 |
| thomasboimah | Sure | 12:33 |
| svaye | That's wonderful jelkner I can see the team is in on it. | 12:34 |
| jelkner | i did previous investigation | 12:34 |
| jelkner | which we used to set this up on our own postgres server | 12:34 |
| jelkner | i don't know what differences there will be in terms of access | 12:34 |
| jelkner | also, the way to do collaboration is to have a non-login account own the tables | 12:35 |
| jelkner | and have each user permitted to access them inherit the permissions from that user | 12:35 |
| jelkner | https://codeberg.org/jelkner/SolidarityEconomyNotes/src/branch/main/FinancialAccounting/gnucash_setup_notes.md | 12:36 |
| jelkner | That is some of the notes i took | 12:36 |
| fkoikoi | jelkner did you view the post | 12:37 |
| jelkner | https://chat.deepseek.com/share/etbsnhov968jgv5qkr | 12:37 |
| jelkner | thomasboimah, take a look at that link | 12:37 |
| jelkner | it's the first time i tried sharing a Deepseek reply | 12:37 |
| thomasboimah | With mayfirst we are going to have a bit of hard time doing this since it is a share server they don't give sudo access. But their is always a workaround anyway. | 12:37 |
| jelkner | it works nicely! | 12:38 |
| jelkner | i just looked | 12:38 |
| jelkner | thomasboimah, you don't need sudo | 12:38 |
| jelkner | but you do need admin access on your database | 12:38 |
| jelkner | you can file tickets and reach out to them to figure this out | 12:39 |
| jelkner | i know it is a bit of work | 12:39 |
| thomasboimah | Yeah | 12:39 |
| jelkner | and i don't have time to do it | 12:39 |
| jelkner | that's why i need to hire Jetro! | 12:39 |
| jelkner | jamie at may first is a friend | 12:39 |
| jelkner | if we communicate what we are trying to do | 12:39 |
| jelkner | i'm sure they will be happy about it | 12:40 |
| jelkner | and want to help us figure it out | 12:40 |
| thomasboimah | I always communicate with jamie | 12:40 |
| jelkner | excellent | 12:40 |
| thomasboimah | When I have issue | 12:40 |
| jelkner | you want to continue to develop a good working relationship with him | 12:40 |
| thomasboimah | Concerning mayfirst | 12:40 |
| jelkner | now, let's talk finances a bit, and then i need to go | 12:41 |
| jelkner | we will want to adjust this over time | 12:41 |
| jelkner | actually, dcammue wanted to talk with me about the links to lindsey | 12:42 |
| jelkner | i'll stay for that dcammue | 12:42 |
| jelkner | but first | 12:42 |
| mulbah | thomasboimah I can help in the process | 12:42 |
| jelkner | here are some calculation i'm using: | 12:42 |
| mulbah | when you planing to start | 12:42 |
| thomasboimah | Sure mulbah | 12:42 |
| mulbah | ? | 12:42 |
| jelkner | everyone, please pay attention to this | 12:43 |
| fkoikoi | +1 | 12:43 |
| dcammue | +1 | 12:43 |
| svaye | Okay | 12:43 |
| jelkner | since we are now at the point where you are young adults and we need to have serious conversations about this | 12:43 |
| jelkner | we need to determine what you all need to earn to have a good life in Liberia | 12:44 |
| jelkner | i'm not interested in helping you become rich evil warlords ;-) | 12:44 |
| mulbah | hahaha | 12:44 |
| dcammue | :-) | 12:44 |
| jelkner | but i want to help find a way to earn a just and dignified living doing good for humanity | 12:44 |
| jelkner | that's my dream | 12:44 |
| svaye | Lol | 12:45 |
| jelkner | so i need your help with the data | 12:45 |
| jelkner | gabriel_jetro, your mom just graduated with a degree in business and accounting | 12:45 |
| jelkner | please ask her what she hopes to earn, and what job opportunities are available | 12:46 |
| dcammue | ACTION added voice to jelkner | 12:46 |
| jelkner | do be successful, Jetro will need to be able to roughly match the current earnings prospects for a college graduate in Liberia | 12:46 |
| jelkner | make sense? | 12:46 |
| gabriel_jetro | She's working at the ministry of finance and development planing here in Liberia, jelkner | 12:47 |
| jelkner | excellent gabriel_jetro | 12:47 |
| jelkner | so talk to her about what she earns if you can | 12:47 |
| jelkner | so you can have a good idea | 12:47 |
| jelkner | my assumptions, which come mainly from mr. zawolo are: | 12:47 |
| jelkner | $400 per month is a good salary in Liberia | 12:48 |
| jelkner | we need to confirm that | 12:48 |
| jelkner | since if dcammue, svaye and i are going to make a business plan | 12:48 |
| jelkner | and if we are solidarity economy business folks | 12:49 |
| jelkner | we need to start with labor | 12:49 |
| jelkner | not as a cost to be minimized, but as a value to be met | 12:49 |
| jelkner | dcammue, svaye do you understand me? | 12:49 |
| dcammue | =1 | 12:49 |
| dcammue | +1 | 12:49 |
| jelkner | so just like dcammue and gabriel_jetro sent very thoughtful emails, we all need to think about this | 12:50 |
| jelkner | i'll throw out the numbers i have now | 12:50 |
| jelkner | but we need to refine and adjust those numbers over time | 12:50 |
| jelkner | as our business knowledge and experience grows | 12:50 |
| jelkner | so, back to my numbers | 12:51 |
| jelkner | $400 per month for a full time (40 hours per week) salary is a good goal | 12:51 |
| jelkner | i use python as my calculator | 12:51 |
| jelkner | >>> (400 * 12) / (52 * 40) | 12:51 |
| jelkner | 2.3076923076923075 | 12:52 |
| jelkner | that's approximately $2.31 per hour | 12:52 |
| gabriel_jetro | +1 | 12:52 |
| dcammue | +1 | 12:52 |
| jelkner | now, we want all of you to be able to earn that | 12:52 |
| jelkner | so how do we bill for that? | 12:53 |
| jelkner | i'm thinking to start, Jetro can bill at $10 per hour | 12:53 |
| jelkner | dcammue, svaye if you've been studying business like i have | 12:53 |
| jelkner | you'll understand that we need to account for all fixed costs (rent for the office, starlink, etc) | 12:54 |
| svaye | +1 | 12:54 |
| dcammue | +1 | 12:54 |
| jelkner | and for variable costs too (perhaps paying the cost of transportation for folks to get to the office as a benefit) | 12:54 |
| jelkner | plus have enough for folks to earn their salaries | 12:55 |
| jelkner | so we start with this example of setting up the postgress database on may first | 12:55 |
| dcammue | that's too costly | 12:55 |
| jelkner | what do you mean? | 12:55 |
| dcammue | go ahead | 12:56 |
| jelkner | no, my fried, you first | 12:56 |
| jelkner | what's too costly? | 12:56 |
| jelkner | i don't understand | 12:56 |
| mulbah | dcammue this is future plan | 12:56 |
| dcammue | no, i am thinking about the future aspect | 12:56 |
| dcammue | not now | 12:56 |
| jelkner | say more dcammue | 12:56 |
| jelkner | i want to understand your thinking | 12:57 |
| jelkner | i'm trying to communicate mine | 12:57 |
| jelkner | if we are going to plan together | 12:57 |
| dcammue | i am thinking the direction you are in | 12:57 |
| dcammue | i was trying to say, 'that's will be too costly' | 12:58 |
| dcammue | never mind, go on | 12:58 |
| jelkner | too costly for whom? | 12:58 |
| jelkner | i'm still not following | 12:58 |
| jelkner | this is very important dcammue | 12:58 |
| jelkner | we need to understand our assumptions | 12:58 |
| dcammue | not mean you jelkner | 12:58 |
| jelkner | to plan for the business | 12:59 |
| jelkner | dcammue, if you talking about me personally | 12:59 |
| jelkner | i can only say this | 12:59 |
| dcammue | i am talking about the future budget | 12:59 |
| mulbah | I think he main earning 400$ a month and giving transportation as benefit will cost a lot right dcammue?? | 12:59 |
| jelkner | i personally can afford about $1000 U.S. per month to put toward our solidarity economy project | 13:00 |
| jelkner | but it won't be just me | 13:00 |
| jelkner | if it is, we fail | 13:00 |
| jelkner | keep in mind, my dear friends, that you are becoming truly skilled | 13:00 |
| jelkner | your skills will have real value | 13:00 |
| jelkner | and at $10 per hour, they will be an amazing bargain | 13:01 |
| jelkner | so my job will be to find you customers | 13:01 |
| jelkner | i do have stuff i want done in ICT | 13:01 |
| jelkner | so i will be one of the customers | 13:01 |
| jelkner | but let's say that to pay a $400 salary, Jetro needs to take in $800 | 13:02 |
| jelkner | that may be too much, but we will learn over time | 13:02 |
| jelkner | 800 * 7 is $5600 | 13:02 |
| jelkner | so our goal for the business plan should be $5600 monthly gross revenue | 13:03 |
| jelkner | You are not quite ready for this, but you are getting really close | 13:03 |
| jelkner | and fast! | 13:03 |
| jelkner | thomasboimah now has marketable professional entry level skills | 13:04 |
| jelkner | i know | 13:04 |
| jelkner | i'm old, and i've been doing this for a loooooong time ;-) | 13:04 |
| dcammue | :-) | 13:04 |
| jelkner | i have the same confidence now in thomasboimah that i used to have in stefan and adrian | 13:04 |
| jelkner | who were both strong entry level pros | 13:05 |
| jelkner | and proved it | 13:05 |
| jelkner | so soon, as you continue to build your skills | 13:05 |
| jelkner | Jetro will have strong value! | 13:05 |
| jelkner | and a goal of $5600 monthly revenue within the next year should be doable | 13:06 |
| jelkner | my calculation don't include taxes | 13:06 |
| jelkner | dcammue and svaye | 13:06 |
| dcammue | +1 | 13:06 |
| svaye | +1 | 13:07 |
| jelkner | i need to learn what these numbers look like in Liberia | 13:07 |
| jelkner | i'm counting on you two for that | 13:07 |
| svaye | Sure jelkner | 13:07 |
| dcammue | +1 | 13:07 |
| jelkner | that's why we need to start doing this now | 13:07 |
| jelkner | so we can learn by practice how it works | 13:07 |
| thomasboimah | ACTION step away for some minutes to the bathroom | 13:07 |
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| jelkner | ok, dcammue you are business manager on this | 13:08 |
| dcammue | +1 | 13:08 |
| jelkner | work with thomasboimah_ to get this delivered | 13:08 |
| dcammue | okay | 13:08 |
| jelkner | keep track of the billable hours for his time | 13:08 |
| jelkner | let's say it takes him 5 hours | 13:08 |
| jelkner | then you can charge SJC for 5 * $10 = $50 | 13:09 |
| jelkner | we want to work on a retainer basis | 13:09 |
| jelkner | so that you don't have to be writing little invoices for everything | 13:09 |
| jelkner | instead, we do a single $5000 transfer when the account balance gets low | 13:10 |
| jelkner | and you bill against that | 13:10 |
| jelkner | the $5000 is a liability for Jetro and an asset for SJC | 13:10 |
| jelkner | right? | 13:11 |
| dcammue | +1 | 13:11 |
| svaye | Yep | 13:11 |
| jelkner | sweet | 13:11 |
| dcammue | because jetro has not earn yet | 13:11 |
| jelkner | exactly | 13:11 |
| jelkner | ok, dcammue, what do you have for me before i go? | 13:11 |
| dcammue | i would like to understand the amount you got for federal | 13:12 |
| dcammue | tax | 13:12 |
| dcammue | the $60 | 13:12 |
| jelkner | i don't understand that yet | 13:12 |
| dcammue | how you did the calculation | 13:12 |
| jelkner | so let's talk later | 13:12 |
| jelkner | in brief, income tax in the U.S. is progressive | 13:13 |
| dcammue | from the deduction table or the percentage aspect? | 13:13 |
| jelkner | meaning the more you earn the higher your rate | 13:13 |
| svaye | jelkner: is the file in nextcloud? I would like to look at it | 13:13 |
| dcammue | no svaye | 13:13 |
| jelkner | individuals are responsible for paying their own income tax each year on April 15th | 13:13 |
| dcammue | is a mail | 13:14 |
| jelkner | it is in nextcloud dcammue | 13:14 |
| dcammue | +1 i know that | 13:14 |
| jelkner | the links are in the email | 13:14 |
| dcammue | okay then | 13:14 |
| jelkner | anyway, let me finish | 13:14 |
| dcammue | yes | 13:14 |
| jelkner | businesses are responsible for *withholding* taxes for their employees | 13:15 |
| jelkner | and sending those withholdings to the IRC | 13:15 |
| jelkner | IRS ;-) | 13:15 |
| dcammue | +1 | 13:15 |
| jelkner | IRC is something else ;-) | 13:15 |
| dcammue | Uncle Sam | 13:15 |
| jelkner | +1 | 13:15 |
| jelkner | our dear old Uncle Sam | 13:15 |
| dcammue | :-) | 13:16 |
| jelkner | anyway the form you use to calculate withholding is federal form W-4 | 13:16 |
| dcammue | +1 | 13:16 |
| jelkner | https://www.irs.gov/pub/irs-pdf/fw4.pdf | 13:16 |
| dcammue | okay, i think we can discuss this later as you said. Guess you need to go teach :-) | 13:18 |
| jelkner | For Virginia state tax withholdings, its VA-4 | 13:19 |
| jelkner | https://www.tax.virginia.gov/sites/default/files/taxforms/withholding/any/va-4-any.pdf | 13:19 |
| jelkner | not today dcammue | 13:19 |
| jelkner | school was closed | 13:19 |
| jelkner | i would have had to leave a long time ago if we had school today | 13:19 |
| dcammue | okay | 13:19 |
| jelkner | wednesday i will only have a few minutes | 13:19 |
| dcammue | sure | 13:20 |
| jelkner | ok, so i will be working with lindsey to figure this out | 13:20 |
| jelkner | don't worry about SECOSOL of now | 13:20 |
| jelkner | just use it to watch what you will need to learn later | 13:20 |
| jelkner | for now, i want dcammue and svaye to focus on Jetro Web | 13:20 |
| jelkner | get your own accounts set up | 13:21 |
| dcammue | +1 | 13:21 |
| jelkner | figure out your own tax liabilities under Liberian law | 13:21 |
| svaye | +1 | 13:21 |
| jelkner | we need to get Jetro Web on a firm business footing in Liberia | 13:21 |
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| jelkner | btw. After i finish the Financial Management course | 13:23 |
| jelkner | i'm hoping to take BUS 5211 Managing in the Global Economy | 13:23 |
| jelkner | in the next term | 13:23 |
| jelkner | that will align well with our project | 13:23 |
| jelkner | i'll let you know if i can get into it | 13:23 |
| jelkner | registration starts this thursday | 13:23 |
| jelkner | okie dokie my dear comrades | 13:24 |
| jelkner | back to work for me! | 13:24 |
| jelkner | see you wednesday for our stand up | 13:24 |
| svaye | Have a wonderful day jelkner | 13:24 |
| jelkner | dcammue, i expect to hear from you when the User story i requested is done | 13:24 |
| jelkner | you too svaye | 13:24 |
| jelkner | ACTION logs off | 13:24 |
| dcammue | =1 | 13:25 |
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| dcammue | +1 | 13:25 |
| svaye | ACTION signs off | 13:25 |
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| jkollie | ACTION leaving | 13:26 |
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