Turnover groups

Contents

- Turnover groups
- Related Programs

Turnover groups

Purpose

Turnover groups are used for grouping the invoice lines. Financial reports can be made
at this level. Also the export to a financial ledger account system.
If system setting USETURNOVERGROUP is set to No then this form may not be opened
from the menu because the laundry does not use turnover groups.
Condition:
Two fields are mandatory for entry of the turnover group: code and description.
Example:
The code for a turnover group is 080120 with a description of "turnover sales flat linen".
This has a related Tax group of 16.

Important Fields

Legacy Code

Only if the previous system was using the Turn Over Groups as well.
This Legacy Code field allows you to make a reference to that old code.
This field is also used in some cases that a central data warehouse is linked.

Turn Over Group Description

The Turn Over Group must clearly identify what type of Turn Over (revenue)
is grouped here.
This could be Garment Rental Revenue, Emblem Rental Revenue, Linen Rental
or Linen COG. Remind that you can address the rent and wash/delivery to separate
Turn Over Groups. A Turn Over Group will be linked to Sales Ledger Accounts
if an interface to a bookkeeping system is supported. Multiple Turn Over Groups
can be linked to one Sales Ledger Account.

Sales Journal Group

Each Turn Over Group can be linked to a Sales Journal Group.
The Sales Journal Group is used in some financial reports.
See also explanation at Sales Journal Groups.

Related Programs

Copyright © 2002 by ABS Laundry Business Solutions, The Netherlands.

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