Scoop from the Coop This week’s edition was written by Spencer Foss
Normally these articles focus on the chickens and how they’re doing, but this time we wanted to focus on the money side of our business. Who collects the money? Who creates invoices? Who determines how the money is spent? The answer is simple, the fifth grade financial team!
When we receive an order from our online form, we print the invoices and fill out the information, including who purchased the eggs, price, and if they had a previous balance. Then the eggs and invoices are delivered to the lucky family. We designed the invoices a while back with a big meeting during Chicken Club where we brainstormed questions and added them onto the form. After we hand out the eggs we have to wait for payment. When we receive the money, we put it in a special envelope where it is safe. We also add some information to the invoice and keep paid invoices in the envelope. This is how we keep our payment records.
One issue we have to deal with on the financial side of the business is collecting payments after invoices are distributed. We distribute the eggs and the invoice on the same day, so it is then our job to collect payment after eggs have been consumed. Sometimes this can be a tricky job. We have a spreadsheet that us fifth graders created to keep track of sales, eggs distributed, invoices sent, completed payments, and payments still waiting to be received. We think this is a good system for monitoring the finances here at Got Eggs?.
This past week, Mrs. King, Mr. Heller and Mrs. Moses were in Washington DC. They were there to officially accept Golda Meir Lower School’s National Blue Ribbon Award. Did you know that less than 5% of all schools in the nation have received this prestigious designation? When SDJA’s name was announced, the three of them […]
“Why do people hate Jews?” That was the first question I received at a Monday afternoon gathering of 4th and 5th graders, two days after the massacre. Not for the first time in my career (or, for that matter, my life as a parent), I felt simultaneously that I was in exactly the right […]
As part of our entrepreneurial studies, fifth graders are participating in the Junior Achievement BizTown curriculum. The program encourages our students to achieve their personal, educational, and career goals. Fifth graders learn about work readiness, entrepreneurship, and financial literacy as they prepare for our field trip to BizTown. One aspect of the program requires […]
For some families, Fortnite has taken over and it can be hard to know what’s appropriate and what has crossed the line. We are hearing from some of your children that they have come across content and language that makes them uncomfortable, and we are encouraging them to come talk to you about it. Even […]
Normally these articles focus on the chickens and how they’re doing, but this time we wanted to focus on the money side of our business. Who collects the money? Who creates invoices? Who determines how the money is spent? The answer is simple, the fifth grade financial team! When we receive an order from our […]