--000000000000cad199061419daea Content-Type: multipart/alternative; boundary="000000000000cad196061419dae9" --000000000000cad196061419dae9 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim During out review we realized that Calgary revenue is overstand and one of the reason is that few of the CDHC clients January month billing was finalized in February which resulted in increase of revenue We will review March month revenue trend and will update you if we found any discrepancies Thank you - On Wed, Mar 20, 2024 at 7:43=E2=80=AFAM wrote: > Yes. I=E2=80=99m aware of Vancouver. It=E2=80=99s been off for the past= 3 months. I=E2=80=99m > hoping to do a deep dive into why that is this month before we start clos= e > again. I was thinking it=E2=80=99s the accruals, but the past 2 months w= ere > overstated. And our AR rec is in balance maybe plus or minus $5000 here > and there. > > > > > > > > *From:* Timothy Thomas > *Sent:* Wednesday, March 20, 2024 10:10 AM > *To:* Daniel Barakat > *Cc:* Kartik Sheth > *Subject:* Re: Margin reviews > > > > Same goes for Vancouver. I'm seeing 80k over GP report. > > > > On Wed, Mar 20, 2024 at 9:50=E2=80=AFAM Daniel Barakat > wrote: > > Sorry to clarify, the revenue is overstated in netsuite, not the Gross > Profit > > > > On Wed, Mar 20, 2024 at 9:44=E2=80=AFAM wrote= : > > Hi Tim. I remember Kartik discussing Calgary=E2=80=99s revenue with me, = and > looping him in. I didn=E2=80=99t quite iron out the format I want to sta= rt sending > you monthly when I did Calgary, but in some of the latest files I include= d > the Clearcare Revenue to see where we stand. So this is what I=E2=80=99l= l be > sending you in the future. If you have any other suggestions or anything > else you=E2=80=99d like to see, let me know. > > > > @Kartik Sheth are you able to identify why > Clearcare=E2=80=99s gross profit is overstated by $40k? December was und= erstated > by $58k. Was there some kind of catch up? > > > > *From:* Timothy Thomas > *Sent:* Wednesday, March 20, 2024 9:19 AM > *To:* Daniel Barakat > *Subject:* Re: Margin reviews > > > > Hi Daniel, > > > > Looks like the revenue for Calgary is overstated relative to the gross > profit, by nearly 40k. Thoughts? > > > > On Thu, Mar 14, 2024 at 10:35=E2=80=AFAM Timothy Thomas w= rote: > > Got it. I remember now, let's do that. Thanks > > > > On Thu, Mar 14, 2024 at 10:30=E2=80=AFAM Daniel Barakat > wrote: > > Hi Tim. > > > > Yes. In one of our calls, that's why I suggested bumping up the accrual > to $15k a month so we can cover ourselves in case we aren't able to make > any prior changes at the end of the year. And if we over-accrue, we can > take the credit back which would be better than taking a hit because we > didn't accrue enough > > > > On Thu, Mar 14, 2024 at 10:27=E2=80=AFAM Timothy Thomas w= rote: > > Thanks Daniel. I'll over these today and send you my comments. > > > > For the EHT in Vancouver, does that mean we're slightly un