Territory
A Territory is a geographical region you do business in.
In iVendNext, a Territory is used to classify Customers, Addresses, in accounting reports, and to allocated sales targets.
To access the Territory, navigate to: Home > Selling. Then under the Settings section click on the Territory shortcut.
This should take you to the Territory List View screen.
1. How to create a Territory
Go to the Territory list, click on New.
Tick 'Group Node' if there'll be sub-territories under this Territory. For example, if you create two territories France and Paris, then France will be a group Territory and Paris will be a sub-territory.
Save.
You can add multiple sub-territories under a parent territory. On saving, a territory can be selected in transactions and reports.
2. Features
2.1 Assigning a Territory manager
You can assign a Territory Manager who looks after the Sales of of this region. This is an optional step.
2.2 Setting Sales Targets
Here you can set specific sales targets based on the following fields:
Item Group
Fiscal Year
Target Qty
Target Amount
Target Distribution
To know more about setting sales targets, visit the Sales Person Target Allocation page
