In practice

How It Works

A practical explanation of what the system looks like in day-to-day use — from the administrator's perspective and from each participant's point of view.

One administrator, one system, full group visibility

The system is designed around a single administrator — typically a member of the group who takes on the record-keeping role. This person is responsible for entering contributions as they happen, running the monthly reconciliation, and distributing status reports to the rest of the group.

Participants interact with the system primarily through the status dashboard, which gives them a clear view of their own position without requiring them to understand the underlying spreadsheet structure.

The administrator

  • Enters each contribution as it arrives: participant, amount, date, currency
  • Runs the monthly reconciliation protocol at the end of each period
  • Distributes monthly status summaries to participants
  • Has full access to the spreadsheet and movement log

Participants

  • Access the dashboard to see their own balance and percentage
  • Receive the monthly status summary from the administrator
  • Can verify that their contributions are recorded correctly
  • Do not need to understand spreadsheets to use the system

What the system tracks vs. what it doesn't

Item Tracked by the system Outside system scope
Contribution amounts per participant
Contribution dates
Equity percentage per participant
Currency (ARS / USD)
Monthly reconciliation status
Movement of funds between accounts
Investment decisions or project selection
Legal or tax obligations
Custody or safekeeping of funds

What happens each month

1

Contributions are entered

As participants make transfers during the month, the administrator enters each one into the spreadsheet. The system recalculates percentages automatically with each entry.

2

End-of-month reconciliation

The administrator follows the reconciliation protocol: reviewing all entries, cross-referencing against actual transfers, and documenting any discrepancies found.

3

Status summary distributed

A monthly summary showing each participant's balance and percentage is distributed to the group. Participants can verify their own figures against what they know they've contributed.

4

Records archived

The closed month's records are archived according to the system's structure, creating a clean, organized history that can be referenced at any future point.