Supply

Cost of goods on the ledger

auro Academy·The ledger
the plate for the lesson Cost of goods on the ledger

What came off the shelf is a cost, and it belongs on the same books as the revenue from the visit that used it.

Where it happens

The ledger, in auro Money. This lesson is part of the Supply track.

What this lesson covers

  1. Step 1

    Dispensing posts a cost

    What was dispensed is measured against what was billed, on the record rather than at the end of the quarter.

  2. Step 2

    The bill posts when the match clears

    An approved supply bill reaches the ledger through the same queue as everything else the practice owes.

  3. Step 3

    Rebates accrue on delivery

    A programme rebate is accrued when the box is delivered, not when it is promised.

  4. Step 4

    Read the margin honestly

    Cost of goods sits beside the revenue it belongs to, so a service line can be read for what it actually keeps.

After this lesson

You can find the cost of goods behind a visit and say what it did to the ledger.

The Academy keeps a record of what each person has completed. It is a record, not a credential: auro accredits no one, and no lesson carries CE or CEU credit.