F8 Sales System

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Comments

  1. not bad

  2. Excellent explanation

  3. Sales ledger = receivables ledger. Sales ledger is perhaps a slightly old name, but still used.

    Note sales account is different. So the double entry fo issuing an invoice is:

    Dr Customer in sales ledger (receivables ledger/customer ledger)
    Cr Sales in nominal ledger

  4. Very good !!!
    Just one concern. Why it is debited to Sales ledger? It should be Dr Cash or AR & Cr Sales :)

  5. Fantastic!

  6. cool

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