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Saturday, 4 July 2026

Omega Accounting in my Business

This is a post about accounting (as in debits and credits, you know for the people at the party mildly more interesting than actuaries), so you have been warned.


Accounting for Monthly Omega Costs

If all i did was buy monthly Omega for each account = 500 Plex x 4.6 million = 2.3 billion then that would be easy to account for.  It would be a simple 2.3 billion per account per month.


Accounting for 12 month Omega

But, of course, myself and others wait for the deals and buy then.

In the most recent case i spent 56 billion isk to buy Omega for 4 accounts for 12 months.  This was a 20% saving on the normal 12 month price.

The question is how do i account for this?

I could take a 56 billion hit in one month and then enjoy the next 11 months with no Omega cost in my accounts.  That would be called cash accounting.

Or i could spread the 56 billion over 12 months for my 4 accounts = 1.2 billion per account each month.  That is called accrual accounting which is how most businesses would do it.

That makes more sense - it spreads the cost over the time it relates to and gives a better underlying view on how my business is doing.

It also demonstrates that i am effectively paying half the normal monthly price.


My Omega Accounts

I used to have 8 Omega accounts.

One was a project where i took an alpha account to Omega using trading, so once that was done i let it go back to Alpha.

One was a manufacturing account that i could not really get to work so it fell back to Alpha in June.

And another is an account with the three characters in Null / Low sec doing nothing, so i will let that revert to Alpha in July.

That will leave me with 5 Omega Accounts which retain their Omega status now until July to October 2027.

One account was already Omega'd until October 2027 (and, to be confusing and go against what i said above, i have fully paid that off), the other four were extended by 12 months to 2027 in the latest Omega deal.

Therefore, i will be booking a 4.7 billion Omega cost each month until July 2027.


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