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.

Can’t find what you need?

  • Try searching for keywords at the top of the screen, or browse the full Knowledgebase contents in the left-hand panel.
  • If you need further support, please login to your Service Desk account and raise a support ticket here or email full details to support@schoolworks.io.
  • Full details of Schoolworks Support Best Practice and Process can be found here.