Accounting Problem Statement

The simplest and most transparent accounting mechanism is proposed so that it does not require more than 1/2 hour of work per month:


 * All money raised is categorized
 * All purchases are made via credit card or check and are annotated on an online account on an ongoing basis.
 * All receipts are saved.
 * The accounting is a monthly statement printout, which is also published on the wiki on a protected page for transparency.
 * Quarterly totals for money raised and money spent is tallied from 3 monthly statements in a straightforward manner.
 * Money in = money out.
 * All this is handed over to an accountant to fill out form 990.
 * What is the expected time commitment to file form 990, April 990

=Question=
 * How do we handle True Fans donations with respect to the Fiscally-Sponsored OSE Project? What are the requirements for accounting.

Is this a workable plan?