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Garmon Sutrix
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Posted - 2005.11.09 21:52:00 -
[1]
Hello all, this question regards Corporations (from a CEO perspective).
How can I grant someone limited take access to only a subset of the total funds of a corporation. For example, the corp is work 1B ISK but I only want a purchaser to be able to dip into a pot of say 100M ISK.
Now it seems like Divisions are set up for this, since you can grant someone divisional accounting access. In theory I could have a Division called "purchasing" with only 100M ISK and grant the purchaser take access to only this division.
But.... how the heck do you set up a divisional account?? In the Corporations tab, there is really very limited financial transaction functionality. You can look at your "journal" (very helpful). In my wallet tab (as CEO) I have access to the corp's journal as well (a bit better here - at least it's colour-coded). But nowhere do I see a way to set up separate divisional accounts or transfer the money to those divisions.
And just in case you think the "Transfer" button is the ticket: it ain't. It's only good to transfer money to a character or corporation.
Help!!! I don't feel like exposing the whole corp to the risk of some newly-hired accountant cleaning it out. What can be done to preserve your hard-earned ISK??
Thanks in advance
Garmon Sutrix, CEO, Advanced Deep Space Explorations
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Hoshi
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Posted - 2005.11.10 12:25:00 -
[2]
As far as I know it's not possible (yet).
But from "The Drawing Board"
Quote: Seven ISK Accounts * Ye olde divisional ISK accounts for corporations. Long lost EXODUS feature.
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Zafon
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Posted - 2005.11.10 13:21:00 -
[3]
I don't think you can either, but would definitely like to be able to exert more control over the single corp wallet.
Zafon
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Garmon Sutrix
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Posted - 2005.11.10 13:32:00 -
[4]
Thanks for the replies.
So if divisions don't work, what have your corporate best practices been regarding financial control? Other than having people you trust implicitly (ie: know them IRL) what methods have you used or heard of being used to control your corp members spending of corporate ISK?
Garm
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Hoshi
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Posted - 2005.11.10 14:33:00 -
[5]
Convert the isk to modules and ships and let the members have limited access to those. In the corp hanger you can set it so people have access to different things.
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Callistus
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Posted - 2005.11.10 15:06:00 -
[6]
Edited by: Callistus on 10/11/2005 15:06:10 You could, I suppose, create an alt and use him purely to store your corp's isk. Just leave the ammount you are comfortable with in the corp wallet and transfer isk from the alt to the corp as you see fit. --------------------
[Coreli Corporation Mainframe] |

TriggaMan
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Posted - 2005.11.10 15:15:00 -
[7]
When the corp grows larger and you have enough to cover the costs, you could split into other corporations and add a divisional title in the name.
ex. MyCorp : Industrial Division MyCorp : Security Division
You maintain hold of the original corporation and only you have access to the original corporate wallet. You can then have your Division leaders give you access to their corp wallets and maintain their funds as well.
No matter what way you choose, there will always be risk of having one of your guys with access run off with isk or modules. Always make sure you're sub-officers are somewhat trustworthy.
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Garmon Sutrix
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Posted - 2005.11.10 17:09:00 -
[8]
Interesting. Callistus - that's certainly a solution, as kludgy as can be, but it could work. Call the guy the "Controller" or something.
TriggaMan - that's what I figured too, but I'm not sure how the original CEO could maintain direct control over the other "divisional" corporations. I mean, you can only be in one corp at a time, so how do you still keep your fingers in the spinoff pie?
All this of course begs the question: why the heck hasn't CCP implemented what they promised back in EXODUS??? If you look at the Exodus features list, all that good divisional accounting stuff is in there plus a lot of great enhancements to the wallet and market systems.
So the "features" on their official website are actually "cool things we'd like to do eventually"? Doesn't that smack of false advertising?
---
Advanced Deep Space Explorations - selling Moas for 1,000,000 ISK since 2002.
(also false advertising)
Garm
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