Deferred profit for unit sales
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Summary
When selling units in advance of them actually being received into your stock you may wish to defer the sale. This will enable you to incur the costs of the item in the same financial period as the sale is included on your Profit & Loss report.
This is a method that suits items which are invoiced well in advance e.g. Combine Harvesters and other large farm machinery.
More Information
Go to " Reports & Settings Maintenance Options System Administrator Module Settings"
- Select " Unit Sales Module Settings"
- Scroll down the screen to "Deferred profit"