Owner's capital, grants and related parties

Owner's capital, grants and related parties 
 
 Planned: not yet written. Owner: Aaron Tushabe. Trigger: the accountant decides how recoverable grants and family contributions are classified, or the next funder disbursement arrives, whichever comes first. 
 
 What we already do: 
 
 Owner contributions, and expenses an owner paid personally, go to Owner's Capital : 3110 (Aaron Tushabe) and 3120 (Hillary Arinda). They're never income and never repaid. 
 Grants and donations from anyone else go to 4230 Grants and Donations . 
 
 What this page will cover: 
 
 Owner loans, kept separate from owner's capital. 
 Recoverable grants ( Fundraising Tracker , term sheet ): are they a liability or income? Still open. 
 Restricted funds tracked by site (cost centre). 
 An annual related-party declaration, and the rule that a conflicted owner doesn't approve their own transaction. 
 A calendar of reporting due to funders.