Now it all makes sense.
Due file numbers are being tracked month to month and are input into a wire task. These numbers are then calculated as sales that are padding numbers to the share holders. What the company doesn’t tell you is these are also refundable to the customer.
My store reduced $1.2 million in due file totals month over month to $350k and most was refunded.
Yes PROJECTED due file reversal can be run anytime of the month. Then the reversal ACTUALLY happens. You can find the reversal amounts in 3.4 the last week of every month.
Actually the report is called PROJECTED due file reversals - can either be sales or even a loss in sales.
Either way those figures are being reported as potential sales overall for the company. That’s why they push to close by end of month. Or it just carries over month to month. It’s not even a secrete for sales specialist / pro sales to refund rebill and or just simply change dates to stay within policy.
There is so much under handed stuff going on that it’s way to many things to mention here. From earlier posts of deep discounts to friends up to 90%+ off stock merchandise. To just the firing of whistle blowers.
You clearly have no idea how the due file works. Every month is a reversal and whatever $ is sitting in the due file is reversed from top line sales . You didn't just uncover some secret lol.
Lowes is a publicly traded company and thus independently audited. The due file system is completely legal, IF it is done correctly and by P/P. Falsifying numbers with bogus sales and then refunding them the next month to inflate Store financial performance is a violation of company policy and a termination offense. Saw it happen at least once in my career and the SM was fired for it.