Understanding the Inventory Financials Tab in ARTERNAL
Each artwork in ARTERNAL has a Financials tab that helps you track all transactions related to the artwork. Here's an overview of how to use this tab:
Accessing the Financials Tab
Go to Inventory, click on any artwork, then select the Financials tab.
Key Sections in the Financials Tab:
1. Expenses Overview
This section visualizes the split of revenue and expenses for the artwork.
It shows how much revenue each party receives and the expenses each party pays.
2. Transactions
This section automatically displays any transactions related to the artwork.
You can create new transactions directly from this page by selecting New Transaction, then choosing the desired transaction type.
3. Expenses
This section lists all the expenses associated with the artwork.
You can add a new expense by clicking the + New Expense button.
4. Price History
This section shows the artwork’s price history, including when the price was changed, the price label, and the user who made the change.
This feature helps the team track and manage price changes effectively.
Frequently Asked Questions (FAQ):
Q: How do I access the Financials tab for an artwork?
A: Go to Inventory, select the desired artwork, and click on the Financials tab to view all related transactions and financial details.
Q: What is the purpose of the Expenses Overview section?
A: The Expenses Overview section visualizes the revenue and expense split for the artwork, showing how much each party receives and pays.
Q: Can I create transactions directly from the Financials tab?
A: Yes, you can create new transactions by clicking New Transaction and selecting the transaction type.
Q: What information is shown in the Price History section?
A: The Price History section displays the price changes for the artwork, including the date of change, price label, and the user who made the change.