# Accounting Sync: Ticket Sales Coding, Payroll Review & Annual Compilation

**March 03, 2026 at 02:01 PM** · 50m 39s · Participants: JD Busfield, Lottie Tai, Garret Blutter

### Bottom Line
The call resolved a recurring accounting question about ticket resale coding, established a new process to avoid future issues, and reviewed progress on the annual financial compilation and payroll reporting.

### Key Takeaways
- **Ticket Resale Process:** A coding issue for physical check ticket sales was resolved by deciding to bypass invoice creation entirely and send checks directly to accounting with an explanation.
- **Annual Compilation:** The team reviewed the status of the annual financial compilation, with several items (debt statements, vehicle assets, sales tax) pending final review from JD.
- **Payroll Review:** Preliminary payroll figures were reviewed, with Lottie needing to correct a data error and clarify the inclusion of employee tax portions.

### Decisions Made
- For future physical check ticket resales, Jessica will not create invoices; she will deposit checks and email accounting with details — *decided by JD/Garrett*
- Two miscoded ticket resale deposits ($4,500 total) will be corrected via journal entry to the proper account — *decided by JD*
- No need to set up a 'Ticket Sales' item in the invoice system, as the new direct-deposit process eliminates the issue — *decided by JD/Garrett*

### Action Items
- [ ] Correct the two miscoded ticket resale deposits (March 2nd and Dec 20th) via journal entry and ensure they appear in the ticket sales account. — @Lottie Tai `high`
- [ ] Update and re-send the corrected payroll summary report, fixing the negative accrual and clarifying the inclusion of employee taxes. — @Lottie Tai `high`
- [ ] File California annual reports for HDR and Versatile (VS Rentals OpCo LLC) entities. — @Lottie Tai `medium`
- [ ] Complete journal entries to accrue sublease income and expense for the Lincoln lease in November based on the provided ledger. — @Lottie Tai `medium`
- [ ] File the LA business tax renewal using the provided account number and address. — @JD Busfield `medium`

### Topics
Ticket Resale Accounting, Annual Financial Compilation, Payroll Review, State Filings (CA/DE), Lease Accounting (ASC 842)

**Sentiment:** neutral

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*Generated by Call Assistant on 2026-04-09 11:43*