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List of forums -> Your suggestions and bug reports -> Bug: Adding Profits to Cash

Suggestions on how to make our virtual business game better and reports about discovered errors.

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Topic created : 5.01.2020, 07:41
JHancock
Five years with Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination The Standard of Virtonomics
 
If the total profits per day is a calculation of all the income - expenses - taxes in one game turn, then this is the amount that should be added directly to the cash you had starting previous day.
 
However, for me, this is almost never the case, and I always seem to have more cash than this starting next day.  Where is the extra cash coming from, or is this just a bug?
 
For Today it was 125 million profit, but I gained almost 150 million in cash.   

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5.01.2020, 13:05
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Money from the sale of equipment and animals, enterprises. 
 

8.01.2020, 03:44
JHancock
Five years with Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination The Standard of Virtonomics
 
Any reason why that wouldn't be included profits? 
 

10.01.2020, 19:28

Last time edited : 11.01.2020, 17:02
ChrisTekk
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In principle, one needs to distinguish cash balance (cash flow) and profit/expense.
 
E.g. you spend $100mn on machine equipment: reduces cash by $100mn, and which usually increases "assets" by $100mn with $0mn impact on profit at the same moment.
Only later on, once your equipment is worn down and useless, there's an impact on profit: reducing assets and profit in same amount  (depreciation). 
 

10.01.2020, 19:34.     Subject: Issue / Bug:
ChrisTekk
Egypt retail leader Belgium Retail Leader Shock-worker of Virtonomics Kindergarten's Leader Power Plants Leader Double corporate chevron Science: master Agriculture: bachelor
The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, II-III places The tender collider, II-III places World Cuisines, VII-XV places
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Shagreen, II-III places Shagreen, II-III places Shagreen, the winner Platinum sponsor of the Contest for Tycoons Sponsor of the Contest for Tycoons Greece retail leader Brunei retail leader Tenderman
Winner of the Leaders Contest in the nomination Week of perfect Service Freezer Washer Restaurateur Mayor Mayor Mayor Mayor
Mayor Mayor Mayor Mayor Mayor Top Technologist Retail Elite Fitness Tycoon
Five years with Virtonomics Winner of the Leaders Contest in the nomination The Standard of Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination Consumer Goods Winner of the Contest for Managers in the nomination The Standard of Virtonomics Finland retail leader Governor Spain retail leader
United Arab Emirates retail leader Saudi Arabia retail leader Mali retail leader Kuwait retail leader France retail leader World's retail leader Leader in technologies
m:
EcoTech SE
 
The same holds true for Debt: Say you raise debt of $10bn, this should (almost) directly add to your Cash Balance - with $0 impact on profit.
 
And here's an issue I found:  I bought bonds of another player (e.g. $1bn Cash outflow), and this is reported as big "Expense" / "Loss" in the same period in the "Financial Report" summary overview. Guess this is worth being corrected. 
 

10.01.2020, 20:05
MacNab24
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ChrisTekk
The same holds true for Debt: Say you raise debt of $10bn, this should (almost) directly add to your Cash Balance - with $0 impact on profit.
 
And here's an issue I found:  I bought bonds of another player (e.g. $1bn Cash outflow), and this is reported as big "Expense" / "Loss" in the same period in the "Financial Report" summary overview. Guess this is worth being corrected.

The game uses a simple cash bookkeeping system, so when you buy bonds = cash out, and when the bonds get repaid = cash in. Same with all other forms of investments. It is quite old-fashioned and can be easily manipulated (that's why governments still like to use it these days :-)
 
You are right that a double-entry bookkeeping system would be more realistic for a business sim, but I seems the devs didn't feel like implementing it (yet)... 
 

List of forums -> Your suggestions and bug reports-> Bug: Adding Profits to Cash

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