Accounting & Funds Xfers

Owned by The Dev Team
Apr 12, 2024
3 min read

It’s important to keep track of your finances while running your virtual operation, and FSN has a host of tools to let you see and manage those finances.

 

Accounting Overview Page

Your account overview is located under Finances > Accounting. On this page you’ll see a number of categories, describe below.

Liabilities Column

  • Invoices: This is money you owe to invoices from other farmers & contractors. If you have a balance, clicking the green button will pay the balance from your current web checking balance.

  • Contracts: This is the amount of money you owe to other farmers & contractors for contracts they have completed for your farm. Again, these can be paid from your web balance by clicking the green button.

  • Loans: This is the remaining balance on any loans you’ve taken through player banking.

  • IG Loans: this is the balance of your in-game loan as of the last audit performed on your farm.

  • Taxes: This is how much you owe in taxes. Virtual taxes occur every 30 days, the rates and information can be found in the Taxes article. Be sure to pay them by the 25th of each month!

  • Fines: This is how much you owe due to fines that you were issued. These should be paid immediately if you receive any!

  • Logistics: This column only appears if you are playing ‘Enhanced Realism’ and represents the amount you owe to your servers logistics company. Again, this can be paid with the green button.

  • Total Liabilities: The total sum of all the above fields, which represents your total current liabilities.

  • LTN Ratio: This % represents how high your liabilities are in relation to your NAV. If you go beyond 20% LTN, you may have certain functionalities restricted because your company is in a riskier position, so do your best to keep it below this mark!

Assets Column

  • Cash: This is how much is in your web bux checking account.

  • IG Cash: This was the cash balance of your farm in game at the time of the most recent audit.

  • Savings: This is the total of all savings accounts with player banks that you have.

  • Invoices Receivable: This is the amount you are currently owed for outstanding invoices you have issued.

  • Vehicle NAV: This is how much your vehicles are worth cumulatively. It’s important to note that under our newest revamp there is depreciation taken into account.

  • Land NAV (LNAV): This is the base NPC value of all land that your farm currently owns.

  • Bonds: This is the current amount of funds you have placed into bonds that have not yet matured.

  • Funds: This is a pending field that will be coming into use in the future.

  • IG GAV: This is the Gross value of your farm (What it is worth before any liabilities are considered.)

  • IG NAV: This is the Net value of your farm (What it is worth AFTER all liabilities are considered.)

  • Credit Score: This is your current credit score. It is updated once per day.

Fund Xfers

Fund transfers are a common part of the gameplay loop in FSN. Like our auction system, these are handled by our team instead of automation to encourage players to plan their moves instead of everything being available instantaneously. You may place a fund transfer once every 24 hours, and it will be completed by the team in 24-72 hours. Make sure to plan ahead for things like tax payments, auction bidding, etc!