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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