Originally Posted by
Flownit
sure. I get that reality. So as “payroll support,” there is no other thing to do with the money other than to record it as offsetting employee costs and then paying profit sharing on our “profits.”
the money as intended is meant for payroll. Zero that cost out but then don’t try to play games and not distribute money that we earned for ourselves and our shareholders.
but I guess there is doing the right thing, and then there’s corporate accounting…
I don't know what you're looking for here. They can't make up accounting processes just to give us a bonus. They CAN just give us a bonus, but no one in their right mind is going to make up new methods to make it happen when its a public company.
I dont know if you use any budgeting software for yourself or a business, but this sort of thing would be a positive adjustment on a budget item. This offset is huge, bigger than the expense, but its not income. It looks goofy on budgeting software but thats kind of how budgeting works.
Counter intuative, maybe, but maybe we just wait until tomorrow and see what happens. Maybe theyll toss us a bone (probably not profit sharing) but i would bet they give a random bonus to the flight attendants before us, AND flip us the bird.