Financial reporting
Transaction summary
Each month a transaction statement is automatically generated to each sports organisation, club or school that had advertising placed on its site in the previous month. Sixty-four per cent of funds raised are remitted to the nominated back account of the sports organisation, club or school and the balance is retained to contribute towards the costs of providing and hosting the websites in accordance with the fundraising terms and conditions.A monthly transaction statement looks similar to this:
Sportsground.co.nz / Schoolground.co.nzStatement for period ending 31 October 2009 For ABC School/Club, GST nbr 18-199-654 |
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| Date | Description | Value | |
| 20-Oct-09 | Tower banner, main site - sportsground.co.nz/aucklandafc | $95.00 | |
| 21-Oct-09 | Tower banner, main site - sportsground.co.nz/aucklandafc | $190.00 | |
| 25-Oct-09 | Tower banner, sub-site - sportsground.co.nz/vipers | $50.00 | |
| 25-Oct-09 | Tower banner, sub-site - sportsground.co.nz/vipers | $50.00 | |
| 25-Oct-09 | Tower banner, sub-site - sportsground.co.nz/vipers | $50.00 | |
| 26-Oct-09 | Tower banner, sub-site - sportsground.co.nz/tigers | $50.00 | |
| 26-Oct-09 | Tower banner, sub-site - sportsground.co.nz/pumas | $50.00 | |
| 26-Oct-09 | Tower banner, sub-site - sportsground.co.nz/cheetahs | $50.00 | |
| 27-Oct-09 | Tower banner, sub-site - sportsground.co.nz/cheetahs | $50.00 | |
| 27-Oct-09 | Tower banner, sub-site - sportsground.co.nz/cheetahs | $50.00 | |
| SUBTOTAL | $685.00 | ||
| GST | $85.63 | ||
| Incl GST | $770.63 | ||
| less | Sportsground hosting, maintenance & collection fee | 36% | ($232.90) |
| GST on Schoolground.co.nz fee (GST nbr 99-087-250) | GST | ($29.11) | |
| TOTAL payment to ABC School/Club | $508.61 | ||
For more information, please contact a fundraising rep on 0800 777 876.
