AlokeSettlements between branches
Who owes whom, and how a prize is valued.
- Aloke Owners
- Web, iPhone and iPad, Android
Your customer collected their stamps at one branch and took the prize at another. The branch that handed it over gave up real goods; the branch where the stamps were collected got the benefit. The settlement is the account that says who pays whom, and how much.
- In the Aloke Owners app, open «Brand and branches» from the home screen, then «Settlements». (iPhone and iPad, Android)
«Settlements»: what each branch owes and is owed. - Open your brand and the «Settlements» tab, then choose the period: this month, last month, or two dates of your own. (Web)
Pick the period: this month, last month, or two dates of your own. - Read «Net positions» first: positive means the branch receives, negative means it pays.
The net position per branch. The number the branches settle between them. - Read «Who pays whom», one transfer per pair of branches, and that is the number that actually moves.
- Press «Download CSV» to hand your accountant the same report as a file.
«Download CSV» saves the same report as a spreadsheet file.
The arithmetic is simple. The prize is valued at its price on your menu at the moment it was handed over, and that price is stored on the event itself so it never moves afterwards. The branch that handed it over paid for it out of its own stock, so it is owed. The branches where the customer collected are the ones that benefited, so they owe. Each in proportion to what the customer earned there, from the day they joined to the moment they collected.
Worked example: a customer earned 6 stamps at branch A and 2 at branch B, then collected a 40-riyal prize at B. Three quarters of their stamps came from A, so A carries 30 riyals and B carries the remaining 10 because that share is its own. The report prints it as one line: «A pays B 30 riyals».