One of the methods for settling a Sales Order is using a Journal Entry. This allows you to fully or partially settle the invoice or Sales Order while maintaining the link between the Sales Order document and the Journal Entry for accurate records and easier review.
It can also be used when you need to grant an additional discount to a customer for an approved and fulfilled Approval Sales Order.
Using a Journal Entry to Settle a Sales Order
Go to the "Accounting" Module.
Open the "Journal entry" page.
Click on "Proposed SO".
Select the warehouse.
Note: You can enable the option to search by "Sales Branch" instead of "Warehouse" if the Sales Order was created through a Sales Branch.
Click on "→" to display all proposed Sales Orders for the selected warehouse, or search for a Sales Order using the "🔍" icon.
Click on "OK".
Search for the required account to be used as the second party in the journal entry.
Set the required amounts, ensuring the selected account is on the debit side, and the customer is on the credit side.
Click on “Save”.
Note: The sales order code will appear in the comments to easily track the transaction sequence in the account statement.
If you encounter any challenges or have questions during these processes, you can contact our technical support team, who are ready to assist you at any time.