Re: Multiple splits/allocations per item?

2011-06-29T07:40:52Z

I guess you have to set a couple of accounts to separate sales of goods with different percent schemes, and define related quick entry definitions. Then once a month you can distribute net income into the three profit accounts using Journal Entry.
Janusz

Multiple splits/allocations per item?

2011-06-25T15:47:05Z

I'm new to FA, using it to run a small publishing company. For each item we have in inventory, we have a number of potential stake-holders who receive a royalty. For example, on one title, the author gets 40%, the illustrator gets 10% and the company itself retains the remaining 50%. These are percentages of the net.

Ideally, I'd like to be able to set up those allocations when I enter a new item into inventory, and have the proceeds automatically split into associated ledger accounts whenever I post a sale of that item. Is this possible in FA? Is there a way I can fake it?

Jefficus

FrontAccounting forum — Multiple splits/allocations per item?

Re: Multiple splits/allocations per item?

Multiple splits/allocations per item?