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Anticipated Receipt vs. Studio Inventory
Anticipated Receipt vs. Studio Inventory

Anticipated receipts are not in hand yet. Studio inventory is money that is not a hard cost and can be potential profit or buffer.

Gabrielle P avatar
Written by Gabrielle P
Updated over a week ago

In the production phase, an anticipated receipt is a receipt that you know you’re getting, but you do not have it in hand, yet. The anticipated receipt feature helps keep you organized by showing you that you need to collect an invoice and that this money is spent in the budget.

Also in the production phase we see studio inventory, which is a number reflected at the bottom of the screen above “Budget Balance.”

Let’s say you have a camera rental budget as a line item and you instead end up using your own camera for the job. You’ve still budgeted for that $500 rental, but since you’re using your own equipment that budgeted money is no longer being spent. It goes in at the bottom as studio inventory and does not impact the final budget.

It can be used as a buffer or potential buffer because it is not costing anything in production.

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