Income - Revision history

Maxim@tygron.com at 15:21, 20 January 2023

2023-01-20T15:21:22Z

← Older revision		Revision as of 15:21, 20 January 2023
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	In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a ~~player~~ at the beginning of a ~~level~~ is also seen as income. During a [[planning session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.		In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a [[Stakeholder]] at the beginning of a [[Scenario]] is also seen as income. During a [[planning session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.

	===Types of Income===		===Types of Income===

Maxim@tygron.com at 15:32, 7 October 2022

2022-10-07T15:32:29Z

← Older revision		Revision as of 15:32, 7 October 2022
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	Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[planning session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.

	~~==How does Income relate to the {{software}}?==~~
	In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a [[planning session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.		In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a [[planning session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.

	===Types of Income===		===Types of Income===
	The platform distinguishes a wide variety of different types of income:		The platform distinguishes a wide variety of different types of income:

	~~====Income from constructions (rent)====~~
	: When a [[Construction]], such as an apartment block, is finished, the building will generate income for the owner. In order to calculate rental income, the total rent over a building during it's economical life span is added to the budget of the owner upon completion of the building.

	====Income from selling====		====Income from selling====
	: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a ~~construction~~ was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.		: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a building was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.

	====Money Transfers from other Stakeholders====		====Money Transfers from other Stakeholders====

Frank@tygron.nl at 09:10, 6 October 2022

2022-10-06T09:10:32Z

← Older revision		Revision as of 09:10, 6 October 2022
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	Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[~~Project_Session\|~~session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.		Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[planning session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.

	==How does Income relate to the {{software}}?==		==How does Income relate to the {{software}}?==

Frank@tygron.nl: /* How does Income relate to the {{software}}? */

2022-10-06T09:09:09Z

How does Income relate to the {{software}}?

← Older revision		Revision as of 09:09, 6 October 2022
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	==How does Income relate to the {{software}}?==		==How does Income relate to the {{software}}?==
	In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a [[~~Project_Session\|~~session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.		In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a [[planning session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.

	===Types of Income===		===Types of Income===

Maxim@tygron.com at 11:58, 5 October 2022

2022-10-05T11:58:23Z

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	~~{{learned\|what income is\| how income relates to the {{software}}}}~~
	~~<br clear=all>~~

	~~==What is Income?==~~
	Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[Project_Session\|session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.		Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[Project_Session\|session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.

Frank@tygron.nl: /* Types of Income */

2022-10-05T09:50:21Z

Types of Income

← Older revision		Revision as of 09:50, 5 October 2022
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	====Income from selling====		====Income from selling====
	: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a construction was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.		: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a construction was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.

	~~====Subsidies====~~
	: Subsidies are a form of income where one party grants a sum of money to another party, often with special conditions. A municipality can grant a subsidy to a project developer for a certain project, under condition that the developer uses the subsidy to construct extra green roofs, parking lots, water storage, etc.

	~~====(Bank) Loans====~~
	: A special form of income are (bank) loans. According to the definition, loans do increase the budget (= monetary consumption ability) available for the borrowing stakeholder. However, loans are subtracted from the lenders capital. In case the stakeholder has a bigger loan than actual capital, the stakeholder will not be able to score at all (in the total score). It is also worth considering that borrowing money costs money (interest), which is a cost (See also [[Cost#Interest (loan costs)\|Interest (loan costs)]])

	====Money Transfers from other Stakeholders====		====Money Transfers from other Stakeholders====

Frank@tygron.nl: /* Money Transfers from other Stakeholders */

2022-10-05T09:50:06Z

Money Transfers from other Stakeholders

← Older revision		Revision as of 09:50, 5 October 2022
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	*[[How to adjust Income generated by constructing]]		*[[How to adjust Income generated by constructing]]
	*[[How to adjust Land price when selling]]		*[[How to adjust Land price when selling]]
	*[[How to adjust Subsidies]]
	*[[How to adjust the amount of (Bank) Loans]]
	*[[How to adjust the amount of Transfered Money]]		*[[How to adjust the amount of Transfered Money]]
	\|seealso=		\|seealso=

Godelief@tygron.com at 15:10, 29 October 2020

2020-10-29T15:10:41Z

← Older revision		Revision as of 15:10, 29 October 2020
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	==What is Income?==		==What is Income?==
	Incomes are the revenues or received ~~money~~ of a stakeholder and is expressed in the ~~currency~~ active in a session. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.		Incomes are the revenues or money received of a stakeholder and is expressed in the [[Currency]] active in a [[Project_Session\|session]]. Income can be increased by certain actions such as selling houses or land, but also by loaning money to other stakeholders.

	==How does Income relate to the {{software}}?==		==How does Income relate to the {{software}}?==
	In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and ~~therby~~ enhancing the [[~~budget~~]] of a stakeholder~~, this~~ money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a session, a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.		In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and thereby enhancing the [[Budget]] of a stakeholder. This money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a [[Project_Session\|session]], a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.

	===Types of Income===		===Types of Income===
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	====Income from constructions (rent)====		====Income from constructions (rent)====
	: When a ~~construction~~, such as an apartment block, is finished, the ~~object~~ will generate income for the owner. In order to calculate rental income, the total rent over ~~an object~~ during it's economical life span is added to the budget of the owner upon completion of the ~~construction~~.		: When a [[Construction]], such as an apartment block, is finished, the building will generate income for the owner. In order to calculate rental income, the total rent over a building during it's economical life span is added to the budget of the owner upon completion of the building.

	====~~Land price when~~ selling====		====Income from selling====
	: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a construction was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.		: Selling an object will generate income in the form of sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling a piece of land for a low price of 1 Euro per square meter, when previously a construction was demolished there for 10.000 Euro per square meter, will generate income, however, there will be a negative profit margin (loss) left over after the sale.

	====Subsidies====		====Subsidies====
	: Subsidies are a form of income where one party grants a sum of money to another party, often with special conditions. A municipality can grant a subsidy to a project developer for a certain project, under condition that the developer uses the subsidy to construct extra green roofs, parking lots, water storage, etc~~. Subsidies are considered regular income in the {{software}}~~.		: Subsidies are a form of income where one party grants a sum of money to another party, often with special conditions. A municipality can grant a subsidy to a project developer for a certain project, under condition that the developer uses the subsidy to construct extra green roofs, parking lots, water storage, etc.

	====(Bank) Loans====		====(Bank) Loans====
	: A special form of income are (bank) loans. According to the definition, loans do increase the budget (= monetary consumption ability) available for the borrowing stakeholder. However, loans are subtracted from the lenders capital. In case the stakeholder has a bigger loan ~~that~~ actual capital, the stakeholder will not be able to score at all (in the total score). It is also worth considering that borrowing money costs money (interest), which is a cost (See also [[Cost#Interest (loan costs)\|Interest (loan costs)]])		: A special form of income are (bank) loans. According to the definition, loans do increase the budget (= monetary consumption ability) available for the borrowing stakeholder. However, loans are subtracted from the lenders capital. In case the stakeholder has a bigger loan than actual capital, the stakeholder will not be able to score at all (in the total score). It is also worth considering that borrowing money costs money (interest), which is a cost (See also [[Cost#Interest (loan costs)\|Interest (loan costs)]])

	====Money Transfers from other Stakeholders====		====Money Transfers from other Stakeholders====
	: It is possible to receive a money transfer from other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder. The acting stakeholder can receive a money transfer as contribution from the affected stakeholder.		: It is possible to receive a money transfer from other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder. The acting stakeholder can receive a money transfer as a contribution from the affected stakeholder.

	{{article end		{{article end

Reijn@tygron.com at 09:08, 23 September 2020

2020-09-23T09:08:23Z

← Older revision		Revision as of 09:08, 23 September 2020
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	: It is possible to receive a money transfer from other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder. The acting stakeholder can receive a money transfer as contribution from the affected stakeholder.		: It is possible to receive a money transfer from other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder. The acting stakeholder can receive a money transfer as contribution from the affected stakeholder.

	~~==How-to's=~~=		{{article end
			\|howtos=
	*[[How to adjust Income generated by constructing]]		*[[How to adjust Income generated by constructing]]
	*[[How to adjust Land price when selling]]		*[[How to adjust Land price when selling]]
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	*[[How to adjust the amount of (Bank) Loans]]		*[[How to adjust the amount of (Bank) Loans]]
	*[[How to adjust the amount of Transfered Money]]		*[[How to adjust the amount of Transfered Money]]
			\|seealso=
	~~==See also=~~=		*[[Financial system]]
	*[[~~Financial_system\|~~Financial system]]
	*[[Budget]]		*[[Budget]]
	*[[~~Cost\|~~Cost]]		*[[Cost]]
			}}
	[[Category:Items]]		[[Category:Items]]

Reijn@tygron.com at 08:25, 23 September 2020

2020-09-23T08:25:24Z

← Older revision		Revision as of 08:25, 23 September 2020
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	==How does Income relate to the {{software}}?==		==How does Income relate to the {{software}}?==
	In the {{software}}, income refers to the incoming money flow per stakeholder and therby enhancing the [[budget]] of a stakeholder. The start budget of a ~~user~~ at the beginning of a level is also seen as income. During a session, a stakeholder can try to change its financial status using various methods. Income can be generated from ~~the following~~ sources:		In the {{software}}, income refers to the incoming money flow per [[stakeholder]] and therby enhancing the [[budget]] of a stakeholder, this money can be used to compensate for made [[cost]]s. The start budget of a player at the beginning of a level is also seen as income. During a session, a stakeholder can try to change its financial status using various methods. Incomes, together with [[Cost]]s, compose the total [[Budget]] of a [[Stakeholder]]. Income can be generated from diverse types of sources.

	===Types of Income===		===Types of Income===
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	====(Bank) Loans====		====(Bank) Loans====
	: A special form of income are (bank) loans. According to the definition, loans do increase the budget (= monetary consumption ability) available for the borrowing stakeholder. However, loans are subtracted from the lenders capital. In case the stakeholder has a bigger loan that actual capital, the stakeholder will not be able to score at all (in the total score). It is also worth considering that borrowing money costs money (interest), which is a cost (See also [[#Interest (loan costs)\|Interest (loan costs)]])		: A special form of income are (bank) loans. According to the definition, loans do increase the budget (= monetary consumption ability) available for the borrowing stakeholder. However, loans are subtracted from the lenders capital. In case the stakeholder has a bigger loan that actual capital, the stakeholder will not be able to score at all (in the total score). It is also worth considering that borrowing money costs money (interest), which is a cost (See also [[Cost#Interest (loan costs)\|Interest (loan costs)]])

	====Money Transfers from other Stakeholders====		====Money Transfers from other Stakeholders====