From 96f26d89cd44f98bda1c43ba41c79e82828d1919 Mon Sep 17 00:00:00 2001 From: sorrel Date: Thu, 3 Sep 2026 15:14:23 -0400 Subject: [PATCH] remove outdated wise instructions --- docs/federation/finance.md | 33 ++++++++------------------------- 1 file changed, 8 insertions(+), 25 deletions(-) diff --git a/docs/federation/finance.md b/docs/federation/finance.md index 1cb77d4..b101a30 100644 --- a/docs/federation/finance.md +++ b/docs/federation/finance.md @@ -23,7 +23,8 @@ Transactions are submitted through Open Collective, approved by the Federation a ### How to get paid via Open Collective * [Create an account on Open Collective](https://opencollective.com/create-account) -* Go to the [Co-op Cloud Open Collective](https://opencollective.com/coop-cloud) +* Go to the [Co-op Cloud Open Collective](https://opencollective.com/coop-cloud/projects) +* Find the appropriate Project * Click [SUBMIT EXPENSE](https://opencollective.com/coop-cloud/expenses/new) **Important** Please include bank details in your expense so that we can make a bank transfer. We do not currently support payments via Paypal and other platforms. @@ -32,35 +33,17 @@ If you urgently need the money, please let us know on the Co-op Cloud Finance ch Finally, please let us know what your username/email is for your Open Collective account so we can add you to the team. This helps us build up the view of our community from the perspective of our Open Collective page. -### How to pay someone via Wise +#### Invoice Requirements -> **Note**: only Autonomic Co-op members can do this +Invoices are required to be submitted with your expense. Open Collective can generate an invoice for you if you select this option. Please include the hours worked and any work tickets if applicable in the line items of your invoice. -* First off, be wary of two things: 1) the currency conversion 2) the transaction fees of Wise. For 1) we have the complicating factor that the OC represents the common fund in GBP but our internal Wise jar is EUR. Then you're getting deeper into trouble if someone wants to get paid in e.g. USD. +#### What transfer type do we use for payments? -* In order to cover the transaction fee, you need to fake do the transfer to see what you'll be charged and then add that to what you withdraw from the jar. This is because Autonomic does not eat the cost of the transfer from Wise, that is charged to the Federation. +Platform 6 dispenses other payments as bank transfers via [Wise](https://wise.com), please allow up to a week for pay out. -* First step is to withdraw cash from the Co-op Cloud jar. It will automatically be transferred to the general EUR jar because the Co-op Cloud jar is also in EUR. +### Contributing to Co-op Cloud -* To transfer to USD, you don't have to use USD, you can use GBP/EUR directly. It's easier to make the direct payment from the jar you transferred it to. This is purely because it is easier to follow it in the accounting bookkeeping later on. - -* When making the payment, do the following: - * Select international transfer, choose your requird `$currency` - * Put correct amount in "recipient gets exactly" to get Wise to figure out the correct amount - * Open the invoice in Open Collective and look for the expense number, e.g. "Expense #132373" and put this in the reference number of the payment - * Note how long the transfer will take (Wise should tell you) - -* Mark the expense as paid in Open Collective. Use the "manual" method. - -* Let the member know the payment is on the way and how long it will take (if you have time). - -#### FAQ - -##### What transfer type do we use for USD? - -`ACH`. If you see `Abartn`, that is the `ACH routing number`. - -### Tiers on Open Collective +[Contribute to Co-op Cloud](https://opencollective.com/coop-cloud#category-CONTRIBUTE) * Infrastructure Sustainability: Folks who are making use of Co-op Cloud digital infrastructure (e.g. [git.coopcloud.tech](https://git.coopcloud.tech)) and want to help out with maintenance costs. All recurring donations are spent directly on running costs and system adminstration labour. Thanks for considering!