--000000000000168f8f05f4ea0089 Content-Type: text/plain; charset="UTF-8" Hi all...with the recent restructuring, NY does not have any active employees in the Toronto location. We have one part time on-call person who is completely remote operating in Canada so I don't think we should continue to allocate costs to the NY P&L. These changes took place in February so January should probably still be split between the 2 locations. On Fri, Feb 17, 2023 at 1:01 PM Mitch Belitz wrote: > Also adding @Kimberly Guerci for her insight... > > > On Fri, Feb 17, 2023 at 12:54 PM Hua Wu wrote: > >> I think we still can. @Timothy Thomas let me know if >> you're still ok with this allocation. Thanks. >> >> *Hua Wu CA, CPA* >> Accounting Manager - Canada >> (403) 369-8848 >> hua.wu@thekey.com >> TheKey.com >> [image: TheKey] >> >> >> On Fri, Feb 17, 2023 at 10:53 AM Mitch Belitz >> wrote: >> >>> I don't see why not. Any reason we shouldn't? >>> >>> >>> >>> On Fri, Feb 17, 2023 at 12:51 PM Hua Wu wrote: >>> >>>> Hi Mitch >>>> >>>> Just want to double check about the rent allocation between Toronto and >>>> Mavencare NY (where the employees shared an office). Per the email >>>> correspondence with you below from Oct/22, we are allocating the Toronto >>>> rent (CAD$7K/month): 43% to New York and 57% to Toronto based on number of >>>> employees. Am I still ok to go ahead with this allocation starting Jan/23? >>>> >>>> Thanks. >>>> >>>> *Hua Wu CA, CPA* >>>> Accounting Manager - Canada >>>> (403) 369-8848 >>>> hua.wu@thekey.com >>>> TheKey.com >>>> [image: TheKey] >>>> >>>> >>>> On Mon, Oct 24, 2022 at 9:23 AM Timothy Thomas wrote: >>>> >>>>> Fine with me, thanks Mitch. >>>>> >>>>> On Mon, Oct 24, 2022 at 11:00 AM Mitch Belitz >>>>> wrote: >>>>> >>>>>> Ok with me. Tim? >>>>>> >>>>>> >>>>>> On Mon, Oct 24, 2022 at 7:55 AM Kimberly Guerci >>>>>> wrote: >>>>>> >>>>>>> Yes, that is correct. Question, we believe one of the Toronto based >>>>>>> employees who supports NY may be resigning. If that happens we will not >>>>>>> replace with another Toronto based employee so can we adjust if that >>>>>>> happens? >>>>>>> >>>>>>> On Mon, Oct 24, 2022 at 10:52 AM Mitch Belitz >>>>>> mitch.belitz@thekey.com> wrote: >>>>>>> >>>>>>>> Thanks Kim. Here's what I come up with: >>>>>>>> >>>>>>>> For 2023 there are projected to be 7 total in-office employees, of >>>>>>>> which 3 support NY and 4 support Toronto. >>>>>>>> >>>>>>>> Accordingly, the rent allocation starting 1/1/23 should be 43% >>>>>>>> (3/7) to NY and 57% (4/7) to Toronto. >>>>>>>> >>>>>>>> Kim/Tim, please reply with your consent or please advise if >>>>>>>> otherwise. >>>>>>>> >>>>>>>> Thanks, >>>>>>>> Mitch >>>>>>>> >>>>>>>> On Mon, Oct 24, 2022 at 7:44 AM Kimberly Guerci >>>>>>>> wrote: >>>>>>>> >>>>>>>>> For NY it will just be 3. We will not be continuing with the >>>>>>>>> remote employees after Nov 18th and of the other 2 indicated, one is on >>>>>>>>> leave until at least mid 2023 and will not be returning to the MC NY