Selling - Revision history

Gelo at 04:46, 1 February 2021

2021-02-01T04:46:00Z

Gelo at 03:43, 1 February 2021

2021-02-01T03:43:18Z

Gelo at 03:12, 1 February 2021

2021-02-01T03:12:47Z

Lumengl at 08:52, 4 October 2020

2020-10-04T08:52:24Z

Lumengl at 05:23, 4 October 2020

2020-10-04T05:23:53Z

Lumengl: Created page with "The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the cust..."

2020-10-01T11:48:10Z

Created page with "The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the cust..."

New page

The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the customer.

<br />

=== Sales Quotation ===

=== Sales Order ===

=== Delivery Receipt ===

=== Accounts Receivable ===

=== Receipt Voucher ===

=== Sales Return ===

=== Credit Memo ===

=== Downpayments ===

=== Advances from customers ===

@@ Line 1: / Line 1: @@
 <div style="text-align: center;">
-[[Sales]] | [[Purchase]] | [[Maintenance]]
+[[Sales]] | [[Purchase]] | [[Inventory]] | [[Maintenance]]
 </div>
@@ Line 9: / Line 9: @@
 ====Setup====
-Before any selling transaction can be made, you would need to setup the following maintenance tables:
 #[[Company]]
@@ Line 26: / Line 27: @@
 #[[Terms]]
 #[[Warehouse]]
 ====Customer====
@@ Line 71: / Line 74: @@
 ======Sales Return======
-<br />
+[[Sales Return]] occur when customers return defective, damaged, or otherwise undesirable products to the seller.
 ======Credit Memo======
 ======Down Payments======
 ======Advances from Customers======

@@ Line 1: / Line 1: @@
 The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the customer.
@@ Line 6: / Line 11: @@
 Before any selling transaction can be made, you would need to setup the following maintenance tables:
-#Company
+#[[Company]]
 #[[Account Class]]
-#Chart of Account
+#[[Chart of Account]]
 #[[Account Codes]]
-#Currency
+#[[Currency]]
-#Exchange Rate
+#[[Exchange Rate]]
-#Tax
+#[[Tax]]
-#Item Class
+#[[Item Class]]
-#Item Type
+#[[Item Type]]
-#Item Master
+#[[Item Master]]
-#Unit of Measure
+#[[Unit of Measure]]
-#Price List
+#[[Price List]]
-#Customer
+#[[Customer]]
-#Terms
+#[[Terms]]
+#[[Warehouse]]
-==== Customer ====
+====Customer====
 ======Sales Quotation======
@@ Line 31: / Line 36: @@
 No accounting entries or inventory updates are made upon creation of a sales quotation
-Refer to this document on how to create a [[Sales Quotation]]
+Refer to this document on how to create a [[Sales Quotation Aids|Sales Quotation]]
 <br />
@@ Line 41: / Line 46: @@
 No accounting entries are made upon creation of a sales order. Inventory of items in the sales order is allocated upon creation.
-Refer to this document on how to create a [[Sales Order]]<br />
+Refer to this document on how to create a [[Sales Order Aids|Sales Order]]<br />
 ======Delivery Receipt======
 Delivery receipts are documents created to be used as a proof of delivery that is usually signed by the customer as proof of delivery and receipt of the items based on the customer sales order.
@@ Line 49: / Line 54: @@
 An accounting entry is made upon creation of a delivery receipt to record the [[average cost]] of the items in the delivery receipt at the time of the transaction.
-Inventory is moved from allocated to delivered to update an inventory movement once the Delivery receipt is tagged as delivered.
+Inventory is moved from allocated to delivered to update an inventory movement once the Delivery receipt is tagged as delivered.<br />Refer to this document on how to create a [[Delivery Receipt Aids|Delivery Receipt]]
 ======Sales Invoice======
 Sales invoices are created to record a business transaction. A sales invoice cannot be created without a delivery receipt that has been tagged as delivered. Only one delivery receipt can be tagged to a sales invoice.
-Once the invoice is saved, Oojeema automatically creates an Accounts receivable voucher for the sales invoice.
+Once the invoice is saved, Oojeema automatically creates an [[Accounts Receivable]] voucher for the sales invoice.
-Accounting entries are made to record cost of goods sold based on the average cost of the items per [[item class]] as well as the entries assigned to the item during setup. (See Item class - Accounting details or Item master - Accounting details)
+Accounting entries are made to record cost of goods sold based on the average cost of the items per [[Item Class|item Class]] as well as the entries assigned to the item during setup. (See [[Item Class|Item Class]] - Accounting details or [[Item Master|Item Master]] - Accounting details)
 ======Accounts Receivable======
-Accounts receivables vouchers are documents created to record payment dues from the customer based in invoices generated. <blockquote>Accounts receivable vouchers (ARV) that is automatically generated via sales invoices are not editable?</blockquote><br />
+[[Accounts Receivable]] vouchers are documents created to record payment dues from the customer based in invoices generated. <blockquote>Accounts Receivable vouchers (ARV) that is automatically generated via sales invoices can only be edit through its [[Sales Invoice]]</blockquote>
 ======Receipt Voucher======
 ======Sales Return======
+<br />
 ======Credit Memo======

@@ Line 3: / Line 3: @@
 Except for Sales Quotation, Oojeema tightly links the order to cash modules which keeps transactions easily traceable with each other until settlement of customer transactions.
-====== Setup ======
+====Setup====
 Before any selling transaction can be made, you would need to setup the following maintenance tables:
-# Company
+#Company
-# [[Account Class]]
+#[[Account Class]]
-# Chart of Account
+#Chart of Account
-# [[Account Codes]]
+#[[Account Codes]]
-# Currency
+#Currency
-# Exchange Rate
+#Exchange Rate
-# Tax
+#Tax
-# Item Class
+#Item Class
-# Item Type
+#Item Type
-# Item Master
+#Item Master
-# Unit of Measure
+#Unit of Measure
-# Price List
+#Price List
-# Customer
+#Customer
-# Terms
+#Terms
-−
+#
 ======Sales Quotation======
@@ Line 52: / Line 52: @@
 <br />Refer to this document on how to create a [[Delivery Receipt]]
-====== Sales Invoice ======
+======Sales Invoice======
 Sales invoices are created to record a business transaction. A sales invoice cannot be created without a delivery receipt that has been tagged as delivered. Only one delivery receipt can be tagged to a sales invoice.
@@ Line 67: / Line 67: @@
 ======Credit Memo======
-======Downpayments======
+======Down Payments======
-======Advances from customers======
+======Advances from Customers======

@@ Line 1: / Line 1: @@
 The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the customer.
 Except for Sales Quotation, Oojeema tightly links the order to cash modules which keeps transactions easily traceable with each other until settlement of customer transactions.
-=====Sales Quotation=====
+====== Setup ======
-[what are sales quotations]
+# Company
-Sales quotations are created to document quotes to customers and document what arrangements was committed to a customer prior to a sales order such as [[discounts]], which warehouse the items will be coming from, tax options considered. Quotes on items does not affect status of the company's inventory.
+. Customer
-Starting with a sales quote to the customer, the quote is required to expired at a specific date set upon creating of a quotation.
+Sales quotations are created to document quotes to customers and document what arrangements was committed to a customer prior to a sales order. It can also be used to quote on estimates as details in the sales quotation can still be changed once this is converted into a sales order.
-[How to create a sales quotation]
+  [[File:Add Sales Quotation.png|center|thumb|Add "Sales Quotation" screen]]
-[When to use sales quotation]
+Refer to this document on how to create a [[Sales Quotation]]
 ======Sales Order======
-[what are sales orders]
+Sales orders are documents created by the seller or vendor upon receipt of a purchase order from the customer. This document details the price, details of the items, discounts, tax arrangement as well as which warehouse the seller is getting the items from.
-[how to create a sales order]
+No accounting entries are made upon creation of a sales order. Inventory of items in the sales order is allocated upon creation.
-[when to use a sales order]
+Refer to this document on how to create a [[Sales Order]]<br />
 ======Delivery Receipt======
 ======Accounts Receivable======
+Accounts receivables vouchers are documents created to record payment dues from the customer based in invoices generated. <blockquote>Accounts receivable vouchers (ARV) that is automatically generated via sales invoices are not editable?</blockquote><br />
 ======Receipt Voucher======

@@ Line 1: / Line 1: @@
 The selling process is also sometimes called customer order management (COM) or Order to Cash (OTC) that starts with a sales quotation to settlement of the account by the customer.
-<br />
+Except for Sales Quotation, Oojeema tightly links the order to cash modules which keeps transactions easily traceable with each other until settlement of customer transactions.
-=== Sales Quotation ===
+[When to use sales quotation]
-=== Sales Order ===
+[how to create a sales order]
-=== Delivery Receipt ===
+[when to use a sales order]
-=== Accounts Receivable ===
+======Accounts Receivable======
-=== Receipt Voucher ===
+======Receipt Voucher======
-=== Sales Return ===
+======Sales Return======
-=== Credit Memo ===
+======Credit Memo======
-=== Downpayments ===
+======Downpayments======
-=== Advances from customers ===
+======Advances from customers======