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Working with Cash Sales |
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Topic: Sales
You use a Cash sale when a Customer pays you in full for the goods or services at the point of sale. As well as recording what was sold, the Cash Sale Document lets you record the payment method (i.e debit card) used by the Customer to pay you. Cash Sales work similarly to regular invoiced sales (for which you invoice a Customer and then later receive payment on the invoice). Indeed, the main difference between the two types of sale is that Cash Sales are recorded in a way that changes your cash (i.e. Bank) balance, rather than your Accounts Receivable (Sales Ledger).
Prerequisites Using salesorder.com the basics Working with Transactional Documents
Creating a new Cash Sale See Creating new Transactions and Entering Line Items for the basic information.
When creating a Cash Sale you need to specify the details of the received payment using the 'Payment' tab. See Entering Payment Details for more information.
Cash Sale Key Facts
Related tasks and information Configuring Transactional Documents Entering Billing/Shipping addresses |