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Companies, branches and dimensions, and what each one decides · presentation 3 of 5 · for the whole-system operator — you run the books Read the transcript · Back to the series

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Companies, branches and dimensions, and what each one decides · presentation 3 of 5

Branch and profit centre are two columns, not two names

You can name the seven place columns every document line carries, explain why a revenue account per branch is an account you never needed…

Step 1 — Look at what a document line already knows

The rest follows.

What this step names
  1. The other four are free analysis dimensions you define yourself — profit…
  2. Segment
  3. Project
  4. GL dimension

Step 2 — Stop creating a revenue account per branch

Your chart is a fraction of the size it was going to be.

What you do
  1. Keep one revenue account per category and let the branch come from the document

Step 3 — Know the exception, and why it is one

You will not over-apply the rule.

What this step names
  1. A bank account at one shop is a different balance from a…
  2. Against a different statement
  3. By a different person
  4. It can be wrong on its own

The second cut

Step 4 — Understand what a profit centre is actually for

You can tell whether you need one.

Where this step sits
    flowchart TD
  s1["1. Look at what a document line…"]
  s2["2. Stop creating a revenue account per…"]
  s3["3. Know the exception, and why it…"]
  s4["4. Understand what a profit centre is…"]
  s5["5. Know what nothing will do for…"]
  s6["6. Decide whether to use one at…"]
  s1 --> s2
  s2 --> s3
  s3 --> s4
  s4 --> s5
  s5 --> s6
  classDef here fill:#1e40af,stroke:#1e40af,color:#ffffff,font-weight:bold;
  class s4 here;

Step 5 — Know what nothing will do for you

You will not wait for help that is not coming.

What this step names
  1. It is typed on the document
  2. Supplied by an import row
  3. From there it is copied verbatim onto the journal line
  4. The stock movement
  5. Any document created from this one

Step 6 — Decide whether to use one at all

You have an answer rather than an open tab.

What you do
  1. Take a profit centre when you have a question the branch genuinely cannot answer…

NarrationSlide 1 of 8

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