--00000000000030352f05f4ea54b7 Content-Type: text/plain; charset="UTF-8" Thanks everyone. I will allocate the Jan/23 rent per the % we decided between Toronto and Mavencare NY, and then starting Feb/23, I'lll keep 100% of the rent expense in Toronto. cc'ing @Daniel Barakat this is related to the Jan/23 rent allocated from Toronto to Mavencare NY, this is in addition to the monthly payroll and Rogers charge. I'll put the working paper in the shared folder once it's done, and you'll also see it in the GL detail for the Toronto Jan/23 excel FS package. 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 12:05 PM Kimberly Guerci wrote: > 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 >>>>> mitch.belitz@thekey.com> 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