Candle Business Tracker

 

Audio Training Series: Module 8:
The ADJUSTMENTS (ADJ) tab

Here, the CBT makes adjustments to the cost of your inventory, after you tell it that you took advantage of the various discounts available through the Back Office.  The Cost of Goods Sold is a big thing with your tax return, if you buy products, and then sell them for a profit.  So keeping track of what your actual cost is, is important.

Whether you Buy-5-Get-1-Free, or get a Discounted Dozen, it means that your cost for those items is less than the single item price.  So to make the cost of things more accurate on the Tracker, you can tell it how many items you bought, at varying kinds of discounts, in the Discounts Section of the JAN-DEC tabs.  The ADJ tab will adjust your cost accordingly, and apply the total discount to the SUMMARY.

The ADJ tab, however, is a "read-only" tab, so you don't have to do anything here, except review it occasionally, to see what your total discounts for the year were, for each product.

Click the play button below to start the audio recording; as you listen, scroll down the page from one slide to the next, as each one is discussed.

Module 8 Audio Recording (9:10)

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Slide 1: Applying Discounts is Done in the JAN-DEC tabs

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Slide 2:  Entering Discount Related data

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Slide 3:  Discount Breakdown

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Slide 4: Discount Summary

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Slide 5: Adjustments Applied to the SUMMARY tab

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For the 2012, here's a list of the discounts currently programmed into the Tracker (version 12.7.1225).

  1. Discounted Dozens, or Pre-Launch specials (16-oz Jars at $8.96 each, Votives at $0.75 each, Bella Bars at $3.75 each)

  2. B1G1: Buy-1-Get-1-Free, or, BUN16 (for Bella Bun cases at $3.75 ea.)

  3. B1G2: Buy-1-Get-2-Free; also covers B2G4 (Buy-2-Get-4), B3G6 (Buy-3-Get-6), etc, or, BAR72 (for cases of Bella Bars at $3.25 ea.)

  4. B2G1: Buy-2-Get-1-Free; also covers B4G2 (Buy-4-Get-2), B6G3 (Buy-6-Get-3), or B8G4 (Buy-8-Get-4), etc

  5. B3G1: Buy-3-Get-1-Free; also covers B6G2 (Buy-6-Get-2), B9G3 (Buy-9-Get-3), B12G4 (Buy-12-Get-4), etc

  6. B3G1HP: Buy-3-Get-1-Half-Price; also covers B7G1 (Buy-7-Get-1), B14G2 (By-14-Get-2), etc

  7. B4G1: Buy-4-Get-1-Free; also covers B8G2 (Buy-8-Get-2), B12G3 (Buy-12-Get-3), etc

  8. B5G1: Buy-5-Get-1-Free; also covers B10G2 (Buy-10-Get-2), B15G3 (Buy-15-Get-3), B20G4 (Buy-20-Get-4), etc

  9. B5G2: Buy-5-Get-2-Free; also covers B10G4 (Buy-10-Get-4)

  10. B5G3: Buy-5-Get-3-Free; also covers B10G6 (Buy-10-Get-6), B15G6 (Buy-15-Get-6), etc

  11. B6G1: Buy-6-Get-1-Free; also covers B12G2 (Buy-12-Get-2), B18G3 (Buy-18-Get-3), etc

  12. B8G1: Buy-8-Get-1-Free; also coves B16G2 (Buy-a6-Get-2), etc

  13. B9G1: Buy-9-Get-1-Free: also covers B18G2 (Buy-18-Get-2), etc

  14. B10G3: Buy-10-Get-3-Free

  15. B11G1: Buy-11-Get-1-Free

  16. B12G3: Buy-12-Get-3-Free

  17. Bella Blowout or 25% (the default setting is 25% off but the discount can be changed at will).

 

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