Finance Reporting - Sales vs Income
Updated
Finance Reporting - Sales vs Income
There is a distinction between “Sales” and “Income”, as follows:
Example A: Course sold in Feb for 4 weeks in May, £250 per week
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Sales |
|
1000 |
|
|
|
|
Income |
|
|
|
|
1000 |
|
Example B: Course sold in Feb for 4 weeks across May/June, £250 per week
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Sales |
|
1000 |
|
|
|
|
Income |
|
|
|
|
500 |
500 |
Income figures are generated by using the Finance Statistics object, which divides up the income across Weeks, Months, Quarters or Years.
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