Balance History Graphs; User & LETSystem Balance & Turnover
figures; 25/03/2009
for
Test “Sub-LETSystem”
of 5 users
COINCIDENT Screen
Captures:
EACH USER BALANCE & TURNOVER
FIGURES:
USER = lets_test_001
Balance 55:00
Pending -600:00
Turnover 1870:00
USER = lets_test_002
Balance -823:00
Pending 180:00
Turnover 1795:00
USER = lets_test_003
Balance 900:00
Pending 140:00
Turnover 3110:00
USER = lets_test_004
Balance -125:00
Pending 0:00
Turnover 1000:00
USER = lets_test_005
Balance -7:00
Pending -320:00
Turnover 1323:00
LETSystem “SYSTEM WIDE” BALANCE & TURNOVER FIGURES:
All USER Balances ADDED = +55.00 -823.00 +900.00 -125.00
-7.00
So
LETSystem BALANCE = 0.00 ALWAYS
All USERS, so LETSystem TOTAL Turnover = 1870.00 + 1795.00 + 3110.00 + 1000.00
+ 1323.00
So LETSystem TOTAL Turnover = 9098.00
This figure is ALWAYS DIVISIBLE BY 2;
because each transfer of "Real Benefit" creates a transaction entry
in the payer and the payee,
the one who gives and the one who receives.
So the addition of all the turnover figures of all users results in 2 TIMES the
System Turnover.
& SO, LETSystem EFFECTIVE TURNOVER = 4549.00
These numbers apply to "LETSystem Money" in ANY
DENOMINATION,
because it's just addition and subtraction within a finite set of linked
accounts;
one for each LETSystem user.
Contact Nigel Stewart
of Mantar & Mantar WorkNets Ltd, UK & Belgium