Finances Issue

Kett · 06-10-2006, 05:40 PM

My projected balance is off by 4.7 million dollars in one of my leagues. (I used Current Budget -Staff Payroll -Player Payroll -Staff Expenses)(that formula works with all my other leagues preseason) I think it has to do with turning off coaching and scouting but I can't say for sure. Has anyone noticed anything like this before?

Kett · 06-11-2006, 12:45 AM

Can this be looked into?

cprongs2 · 06-11-2006, 02:30 AM

I've had issues with this (projected budget) not adding up as well.

In reference to the screen in this post, I don't see how revenue sharing is being calculated correctly either.

I come up with a revenue sharing amount of ~$31.134M in the red. I don't know how it is $34,166,730 in the current financial overview. It should be calculated by: Revenue - Expenses - Cash Maximum ($10k in this case)

Sorry, didn't mean to get of topic, just wanted to point this out as well while I have the screenshot to work with.

Kett · 06-11-2006, 03:53 PM

Yea. I just hope this gets addressed, whether its a bug or there is something I'm missing.

Raidergoo · 06-11-2006, 04:00 PM

Pretty sure this is logged into the system. I will review later to see.

gnosticdogma · 06-11-2006, 05:33 PM

First, there should be three options: profit sharing, payroll tax and a retained cash limit.

Profit sharing should pool all profits (in this context, equivalent to a cash flow statement) over X and redistribute them. Payroll tax should tax all payrolls in exess of X at Y% and redistribute them among non-taxed teams. A retained cash limit is simply the cash maximum X that is carried over to the following year, with excess cash going (presumably) to the team's owner(s).

The way revenue sharing is described, it sounds like it's trying to be a retained cash limit, but that's not what revenue sharing is. Revenue sharing should be based on current cash flows only, not current cash flows plus retained cash. Otherwise, you're "revenue sharing" year after year all the money the entire league has ever earned.

Second, cash doesn't seem to be transferring properly from year to year. In the pre-season, cash under Current Financial Overview is identical to the cash under Last Season Overview, when it should be the balance from last season. This affects the money available for staff and player signings (current cash + projected balance). When the money does transfer, at the end of the season it seems to be adding the balance to the cash, which effectively double counts the cash you had on hand at the beginning of the season, causing every team's cash on hand to increase (or decrease) exponentially.

Kett · 06-11-2006, 06:03 PM

Quote:

Originally Posted by Raidergoo

Pretty sure this is logged into the system. I will review later to see.

Thanks, i had a similar post a few days ago and I wasn't sure if it had been noticed.

battists · 07-03-2006, 01:32 PM

I'm sorry for asking this after this thread has been out there for so long, but can someone please do the math for me? My brain is fried.

For example, based on the screenshot above, what is the calculation you are doing, what do YOU think it should be and why, and what is it actually doing?

Thanks very much...

Steve

battists · 07-14-2006, 10:23 PM

We have a new rule that states that Tech Support threads wherein we have not received a response within 7 days will be closed.

This one meets this criteria, so I'm closing this.

If you want to discuss it again, just PM me with the thread link, and I'll re-open. (Don't just say "Hey, reopen my thread." I need to know the URL, thanks!)

Steve

06-10-2006, 05:40 PM	#1
Kett Minors (Single A) Join Date: Jan 2004 Posts: 77	Finances Issue My projected balance is off by 4.7 million dollars in one of my leagues. (I used Current Budget -Staff Payroll -Player Payroll -Staff Expenses)(that formula works with all my other leagues preseason) I think it has to do with turning off coaching and scouting but I can't say for sure. Has anyone noticed anything like this before?

06-11-2006, 05:33 PM	#6
gnosticdogma Bat Boy Join Date: Jun 2006 Posts: 3	First, there should be three options: profit sharing, payroll tax and a retained cash limit. Profit sharing should pool all profits (in this context, equivalent to a cash flow statement) over X and redistribute them. Payroll tax should tax all payrolls in exess of X at Y% and redistribute them among non-taxed teams. A retained cash limit is simply the cash maximum X that is carried over to the following year, with excess cash going (presumably) to the team's owner(s). The way revenue sharing is described, it sounds like it's trying to be a retained cash limit, but that's not what revenue sharing is. Revenue sharing should be based on current cash flows only, not current cash flows plus retained cash. Otherwise, you're "revenue sharing" year after year all the money the entire league has ever earned. Second, cash doesn't seem to be transferring properly from year to year. In the pre-season, cash under Current Financial Overview is identical to the cash under Last Season Overview, when it should be the balance from last season. This affects the money available for staff and player signings (current cash + projected balance). When the money does transfer, at the end of the season it seems to be adding the balance to the cash, which effectively double counts the cash you had on hand at the beginning of the season, causing every team's cash on hand to increase (or decrease) exponentially. Last edited by gnosticdogma; 06-11-2006 at 05:35 PM.

06-11-2006, 12:45 AM	#2
Kett Minors (Single A) Join Date: Jan 2004 Posts: 77	Can this be looked into?

06-11-2006, 02:30 AM	#3
cprongs2 Minors (Single A) Join Date: Mar 2002 Location: Overland Park, KS Posts: 69	I've had issues with this (projected budget) not adding up as well. In reference to the screen in this post, I don't see how revenue sharing is being calculated correctly either. I come up with a revenue sharing amount of ~$31.134M in the red. I don't know how it is $34,166,730 in the current financial overview. It should be calculated by: Revenue - Expenses - Cash Maximum ($10k in this case) Sorry, didn't mean to get of topic, just wanted to point this out as well while I have the screenshot to work with.

06-11-2006, 03:53 PM	#4
Kett Minors (Single A) Join Date: Jan 2004 Posts: 77	Yea. I just hope this gets addressed, whether its a bug or there is something I'm missing.

06-11-2006, 04:00 PM	#5
Raidergoo Hall Of Famer Join Date: Mar 2003 Posts: 9,005	Pretty sure this is logged into the system. I will review later to see.

07-03-2006, 01:32 PM	#8
battists Hall Of Famer Join Date: Jul 2004 Posts: 18,506 Blog Entries: 7	I'm sorry for asking this after this thread has been out there for so long, but can someone please do the math for me? My brain is fried. For example, based on the screenshot above, what is the calculation you are doing, what do YOU think it should be and why, and what is it actually doing? Thanks very much... Steve

07-14-2006, 10:23 PM	#9
battists Hall Of Famer Join Date: Jul 2004 Posts: 18,506 Blog Entries: 7	We have a new rule that states that Tech Support threads wherein we have not received a response within 7 days will be closed. This one meets this criteria, so I'm closing this. If you want to discuss it again, just PM me with the thread link, and I'll re-open. (Don't just say "Hey, reopen my thread." I need to know the URL, thanks!) Steve