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Weekly Accounting

Weekly accounting consists of checking our accounting system and sorting any bank transactions into the correct account. Quickbooks checkis currently connected to our MB&T bank accounts and the PayPal account.

Income

Book Processing ChargesActiveRevenue from authors/funders for the publication of specific titles
Cash BackActiveCash back from Paypal
DonationsActiveDonations received via our donation page on the website, via Stripe. Legacy donations via Paypal.
GrantsActiveGrants funding, including COPIM and OBF
MerchandiseActiveRevenue from merchandise, paid by Threadless into Paypal
PayPal SalesActiveLegacy account for donations
ReimbursementActiveReimbursements from Amazon for (failed) shipments
Book SalesActiveRevenue from Book Sales, via Amazon (direct deposit monthly), Asterism (daily via Stripe), or direct sales
Supporting Library Membership ProgramActiveRevenue from the library support program
Downstream RightsActiveRevenue from translation rights

Cost of Goods Sold

Book PrintingActiveCost of book printing via KDP
DistributionActiveCost of digital distribution via Thoth
IdentifiersActiveCost of ISBN numbers (bought in bulk via Bowker) or DOI registration (now routed via Thoth)
Editorial WorkActiveExternal copyeditors
KDP FeesActiveFees paid to KDP
RoyaltiesActiveAnnually paid royalties to authors
ShippingActiveSeparate shipping cost of books (rare)
TypesettingActiveExternal typesetters, EPUB generation
Translation RightsActiveAcquiring translation rights
Image RightsActiveAcquiring image rights
IndexingActiveExternal indexers