Create Single, Unconsolidated Details on A/R Invoices for Job-Related Invoice Details and Invoice Details with Optional Fields
Order Entry creates detail lines differently for A/R invoices if you use detail optional fields or if you use Project and Job Costing.
Without optional fields or Project and Job Costing
If you do not use optional fields in Order Entry invoice details and in Accounts Receivable invoice details, and if you do not use Project and Job Costing, the Order Entry program creates A/R invoices with separate detail lines for sales, cost of goods sold, and shipment clearing entries (as in earlier versions of Order Entry).
All A/R invoice details are consolidated by G/L account, so if you use only one sales account, one cost of goods sold account, and one clearing account, you will see only three lines on an invoice.
|
Sales |
Acct 4111 |
750.00 |
|
Cost of Goods Sold |
Acct 5200 |
-500.00 |
|
Shipment Clearing |
Acct 5900 |
500.00 |
With optional fields or Project and Job Costing
If you use optional fields in Order Entry invoice details and in Accounts Receivable invoice details, or if you use Project and Job Costing, the Order Entry program now creates a single A/R invoice detail line for each Order Entry invoice detail line.
Each A/R invoice detail includes the entries for the revenue, inventory (shipment clearing), and cost of goods sold accounts, and there will be as many invoice detail lines as there were on the original O/E invoice. A/R invoice details are not consolidated.
|
Sales item 1 |
Acct 4111 |
250.00 |
|
Sales item 2 |
Acct 4111 |
250.00 |
|
Sales item 3 |
Acct 4111 |
250.00 |
Each of the unconsolidated A/R invoice lines will produce a G/L entry with sales account, cost of goods sold account, and clearing account details when posted in Accounts Receivable.
See also
Journal Entries Generated by Posted Transactions
G/L Accounts Used by Order Entry
Cost of kitting items in job-related orders
Integration with Project and Job Costing
Start and End Dates on Price Lists
Different Document Dates and Posting Dates
Drilldown to Sales Orders and POs from Transaction Entry
Enter Prepayments on Shipments
Check for Duplicate Orders Based on Purchase Order Numbers
Calculate Backordered Quantities Based on Customer Options
Cost inventory during Posting / Create Transactions and Audit Information during Day End Processing
Order Entry Templates with Blank Tax Groups
Definable Source Type Codes for G/L Transactions
Hide, Show/Allow Editing of Unit Cost/Extended Cost Fields in Credit/Debit Note Entry
Override the Customer Account Set during Order Entry
Send Credit/Debit Note Transactions to the General Ledger