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RCY — Sales and revenue

RCY sales verification with the royalty and ad fund accrual, the Coca-Cola rebate, gift card reconciliation, and the OLO monthly fees import.

Four workpapers producing the RCY sales journal and every revenue-driven accrual.

Source: Rackson_Workpaper_Instructions.docx — Part II, Sales & Revenue.

Sales / 22400 / 22600 — RCY sales verification + royalty and ad fund accrual

Owner: Cade Kohlmeier / Betsy

Verifies period sales by store against the R365 DSS and produces the royalty (5%, acct 22400) and advertising fund (3%, acct 22600) accruals.

1
Confirm client approval first

Confirm Rackson ops has approved the R365 sales export for the period (BM approval on the close checklist). Without approval, do not post sales.

2
Verify gross food sales by store

Using the DSS export pasted into the workbook, confirm gross food sales (acct 41100) for each store agree to the Coca-Cola Rebate / Side-by-Side report.

Illustrative P5 store totals: DHC-01124 $290,134 · 01129 $195,103 · 01142 $183,017 · 01169 $149,442 · 01196 $172,836 · 01210 $163,754 · 01232 $224,312 · 01256 $271,624 · 01332 $150,987 · 01339 $169,897 · 01418 $135,953. DHC-01354 is a new store — refer to the current period DSS.

3
Post the sales journal entry

Post as SJ type using the DSS export as the source.

Net sales = gross sales − chargebacks (48000) − discounts (48010)
4
Calculate and post the accruals
AccrualRateAccount
Royaltynet sales × 5%22400
Advertising fundnet sales × 3%22600

Post as GJ by store — DR expense / CR payable.

5
Confirm the rates

The rates are shown in the workbook's Directions tab: 22400 = 0.05, 22600 = 0.03. Confirm these haven't changed with Mike if a new franchise agreement or rate update is in effect.

Files: RCY_Sales_and_Verification_using_R365_P5_2026.xlsx · P5_Coca_Cola_Rebate_Accrual.xlsx

The RCY advertising rate (3%) differs from the RRS rate (4%). A handful of DHC stores — three or four — also run at a different royalty percentage than standard, some roughly half a percent higher. See Royalty and advertising review.

12700 — Coca-Cola rebate accrual

Owner: Betsy

Tracks the Coca-Cola beverage rebate receivable for RCY.

1
Open the Side By Side detail

The Side By Side - Detail - Period tab shows current period food sales by DHC location for entity E04. Confirm the total gross revenue agrees to the sales verification workbook.

2
Calculate the accrual

RCY net beverage sales × the applicable rebate rate. Confirm the current rate with Mike — typically a percentage of fountain beverage sales. Negative amounts = credit to income, receivable increases.

3
Post the accrual

DR acct 12700 (Rebates Receivable) / CR acct 49000 (Rebate Income), by applicable RCY store location.

4
Record payments and tie out

When Coca-Cola issues a payment, record DR Cash / CR 12700. Confirm the EOP balance agrees to the Intacct GL for entity E04.

Files: P5_Coca_Cola_Rebate_Accrual.xlsx

12900 — Gift card reconciliation

Owner: Betsy

Reconciles gift card activity — activations, redemptions, adjustments — for all DHC/RCY stores via the Business Track portal.

1
Pull the Business Track activity

Log in using the Gift Card login in the permanent file. Pull gift card activity for all DHC/RCY reporting groups for the period.

2
Use the cross-reference mapping

The workbook maps outlet ID → store name → Intacct location ID:

Outlet IDStoreIntacct location
199844DHC011422001142
199843DHC011242001124
199846DHC012102001210
199845DHC011692001169
200367DHC014182001418
195557DHC013322001332
196624DHC013392001339
192952DHC012562001256
202569DHC012322001232

Some stores show #N/A — these are unmapped or new stores (1129, 1196, 1354). Investigate and confirm with Mike whether store 1354 and others should be assigned outlet IDs in Business Track.

3
Paste the data

Paste into the 12900 tab alongside the cross-reference. Columns: outlet_id, store_name, act_qty/amount (activations), red_qty/amount (redemptions), inc_qty/amount (increments), adj_qty/amount (adjustments), total_qty/total_amount.

4
Read the net liability change

total_amount is the net gift card liability change:

SignMeaning
NegativeMore redemptions than activations — liability decreases
PositiveMore activations — liability increases
5
Post the JE

DR 12900 (Gift Card Liability) / CR Sales for redemptions, or DR Cash / CR 12900 for activations, by location. Confirm net activity agrees to the GL for acct 12900.

Files: 12900_Gift_Card_Reconciliation_P5.xlsx

10980 — OLO monthly fees import

Owner: Betsy

Records the monthly OLO (online ordering platform) fee charges to each DHC store location, credited to acct 10980 from the RCY admin entity (2091002).

1
Obtain the fee schedule

From the OLO portal — via R365 Analytics → Reports → Payouts, or direct OLO billing. Confirm the per-store fee amounts for the current period.

2
Review the import file

IMPORT_RCY_OLO_Fees_P5.csv is a GJ import with one line per store, crediting acct 10980 at the RCY admin location (2091002). Illustrative P5 amounts: store 1124 $934.55 · 1129 $732.51 · 1142 $627.23 · 1169 $573.18, continuing for all active stores.

3
Verify against the invoice

Verify the fee amounts match the OLO invoice for the month. Update any changed amounts in the CSV before importing.

4
Import

Standard GJ import. Date: current period end date. Description: "OLO Monthly Fees."

5
Confirm the balance

After import, confirm acct 10980 balance agrees to the total OLO fees outstanding for the period.

Files: IMPORT_RCY_OLO_Fees_P5.csv