Def - Sales Transactions

Owned by Janice Dannenberg (Unlicensed)
Last updated: Feb 12, 2021 by Tom Williams
1 min read

Sales transactions include Sales Orders, Returns, Price Adjustments, and Quotes. When Sales Orders and Returns are posted the General Ledger, Customer Balances, and Inventory On Hand Balances are updated. When Price Adjustments are posted the General Ledger and Customer Balances are updated but inventory is not impacted. When Quotes are posted they are converted to Sales orders.