π This Week in IC – w/c March 4th
Including a guide to accounting for starting balances, the answer to a frequently asked question and a new LabelWorx importer.
π We updated the how to account starting balances doc! These are theΒ negative balances yet to recoup, or any positive balances yet to be paid, as of the date when you start accounting things in IC. This is one of the trickier parts of the onboarding process, so we use a simple spreadsheet template to help make it easier π
π We added a new doc that answers the oft-asked question What happens if I add/remove or change a Transaction or Contract? (tldr; adjustments simply roll forward into the next royalty accounting period).
π§βπ§ We made a new LabelWorx importer to account for the Sales Report royalty reporting from their reporting portal.