Aims
This session looks at the financial balance report and discusses in depth the figures that WellSky is producing, for finance as well as pharmacy. Additionally, an overview of how the system uses actual pricing and accurate invoicing to control financial data, is provided for staff who may not have attended previous sessions.
Attendee suggestions: System Manager & Deputy, Finance staff, Head of Pharmacy

Objectives
At the end of this session you will be able to:

• Describe the ‘First- in First- Out’ (FIFO) stock control process
• Analyse the stock flow within the system
• Identify how the ‘backtracking’ process affects prior issues
• Detail the individual components that make up the BALANCE report
• Review of drug prices
• Stock Adjustments

Accounts Payable Interface

• Review default codes & transaction types
• Review of supplier codes
• Review of output