Open Collective
Open Collective
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Invoice #200336 to social.coop

community contribution to Loomio

Paid
Invoice #200336
community contribution

Submitted by Michael Elwood-SmithApproved by Andrew Escobar

Apr 30, 2024

Invoice items
Loomio Pro Nonprofit annual subscription
Date: May 4, 2024
$499.00 USD

Total amount $499.00 USD

Accounted as (GBP):
£390.76 GBP
Additional Information

Collective

social.coop@socialcoop
Balance:
£27,248.87 GBP

payout method

Bank account
Details  
********

on
Expense invited
on
Expense updated
on
Expense approved
on
Expense scheduled for payment
on
Expense processing
on
Expense paid
Expense Amount: $499.00
Payment Processor Fee (paid by social.coop): £1.96
Net Amount for social.coop: £392.72
Collective balance
£27,248.87 GBP

Current Fiscal Host
Platform 6 Development Co-operative

Expense policies

To claim expenses for your collective you'll need to provide evidence. For small items, up to a value of £20, you'll need to provide a receipt. For larger items of expenditure you should provide an invoice from the supplier.

We prefer to make payments via bank transfer, so please choose this option when you submit a claim if possible.

If you've got any queries or want to clarify what we're going to need in order to approve any planned expenses that might be out of the ordinary, please get in touch.

Please learn more about social.coop operations and submitting expenses.

Expense submissions and budgeting happens on Loomio in the Finance Working Group.

FAQ

How do I get paid from a Collective?
Submit an expense and provide your payment information.
How are expenses approved?
Collective admins are notified when an expense is submitted, and they can approve or reject it.
Is my private data made public?
No. Only the expense amount and description are public. Attachments, payment info, emails and addresses are only visible to you and the admins.
When will I get paid?
Payments are processed by the Collective's Fiscal Host, the organization that hold funds on their behalf. Many Fiscal Hosts pay expenses weekly, but each one is different.
Why do you need my legal name?
The display name is public and the legal name is private, appearing on receipts, invoices, and other official documentation used for tax and accounting purposes.

Collective balance

£27,248.87 GBP