Book Fairs visit to Secaucus Accounting Transition

1. Book Fairs visit to Secaucus Accounting Transition

2. Scholastic Book Fairs FY17 Branch & Region Territories

3. Business Unit Structure Each BU in consists of 8 digits, for example BU_21401002 • First number signifies where on the P&L the line item will be classified. • 1 Balance Sheet • 2 Gross Profit • 4 Promotion Related Expense • 6 Sales Related Expense • 8 Operating Expense • Second and third numbers are the company number: • 14 - Scholastic Book Fairs • Forth, fifth, and sixth number signify the branch or region: • Branches are always three digits. Therefore, a two digit branch will add a zero to the beginning. • Actual regions numbers are 9XX; however, a general ledger code will be 8XX.

4. Business Unit Structure • Seventh and eighth number are differentiated in the following manner: • 01 Book Fairs • 02 Warehouse • 03 Drivers • 04 Sales • 05 Field • 06 Cashier • 10 Management • 23 Scholastic Dollars • 24 Misc • 25 EWarehouse • 26 Book Profit • Example: The following is a breakdown of the BU_21401002

5. BFReport Structure

6. Accounting Roles and Responsibilities

7. Book Fairs visit to Secaucus Accounting Transition

8. Book Fairs Visit Secaucus Accounting Transition

9. Standard slide text • Bulleted slide text

11. Scholastic Book Fairs FY17 Branch & Region Territories

12. Northern Pacific Southwest Mid America North Central Southeast Northeast

13. Book Fair Cycle

14. Business Unit Structure Each BU in consists of 8 digits, for example BU_21401002 • First number signifies where on the P&L the line item will be classified. • 1 Balance Sheet • 2 Gross Profit • 4 Promotion Related Expense • 6 Sales Related Expense • 8 Operating Expense • Second and third numbers are the company number: • 14 - Scholastic Book Fairs • Forth, fifth, and sixth number signify the branch or region: • Branches are always three digits. Therefore, a two digit branch will add a zero to the beginning. • Actual regions numbers are 9XX; however, a general ledger code will be 8XX.

15. Business Unit Structure • Seventh and eighth number are differentiated in the following manner: • 01 Book Fairs • 02 Warehouse • 03 Drivers • 04 Sales • 05 Field • 06 Cashier • 10 Management • 23 Scholastic Dollars • 24 Misc • 25 EWarehouse • 26 Book Profit • Example: The following is a breakdown of the BU_21401002

16. 21401002 Warehouse Scholastic Book Fair Gross Profit on P&L Branch orRegion See page 4 of handout for details on BU numbers

18. BFReport Structure

19. Accounting Roles and Responsibilities