Reconciliation will be based on the price for the package item group that includes the service, class, or product that is included in the package.
Before the reconciliation process can take place, there are a few things that will need to be done. Steps to setup reconciliation feature can be found here Reconciliation Setup.
Once the necessary steps are taken to set up the reconciliation feature, see below how it all works for packages.
Configuration on parent
% of price to transfer - This is the percentage of the service, product, or class value that should be transferred to the providing location from the location where a package was originally purchased.
- 5% of services
- 30% of products
- 20% of classes
Package setup on Franchise 1 - Location 1.1
Service Price - $20
Product Price - $5
Class Price - $30
Package setup on Franchise 2 - Location 2.1
Service Price - $40
Product Price - $10
Class Price - $50
The client bought a package at Franchise 1- Location 1.1 but used it to pay for a class, service and product at Franchise 2 - Location 2.1
- Price for service on ticket is $0 since service is included package
- Price for product on ticket is $0 since product is included package
- Price for class on ticket is $0 since class is included package
Service - 5 % x $20 =$1
Product - 30 % x $5 = $1.50
Class - 20 % x $30 = $6
Total to be transferred - $1 + $1.50 + $6 =$8.50
This information can be seen in the Reconciliation Detailed Report which can be accessed by going to Dashboard > Reports > Reconciliation Detailed Report.
The system will debit location 1.1 account and credit location 2.1 account.
A similar approach is done for Reconciliation for Memberships with Packages which can be seen here Reconciliation for Memberships with Packages.