The Sales module helps you account for the sales made by your entity, track value-added taxes (VAT) on these sales, and manage your Receivables. The functionality of the Sales module is configurable; you can select the options that fit your business processes on the Administration > Settings > Sales form. For details, refer to Settings: Sales.
Addons:
- Order Management. This functionality enables usage of orders of different types (Purchase Orders, Customer Orders, Transfer Orders, Production Orders, and other) in the chains of documents used for sales, purchasing, and other processes.
- POS (Points of Sales). This functional option enables support of points of sales (cashiers' work places) which is helpful if you are a retail business.
- Consignment Sales. This functionality enables accounting for sales made via consignee agents.
Master Data
Using this module's master data, you can maintain your customer master records with all their contracts, addresses, contacts, and payment terms. If your business delivers orders before they are paid, you can set up credit limits for specific customers. Also, you can assign prices of multiple types to items intended for sales.
To increase customer loyalty, you can set up volume discounts and discounts for specific items or services and specify conditions for their automatic application.
Documents
With the Sales module, you can easily set up any sales process from one involving all the available types of documents, such as Quotations, Customer Orders, Proforma Invoices, and Invoices to the process that involves only Invoices.
Quotations can be used to offer specific prices to your customer.
A Customer Order registers a customer's intention to purchase a specified amount of goods and services with the offered prices.
You can reserve inventory items for a specific Customer Order and release the items when it is needed for delivery. Generally, you will need to manually fill out only the document that is the first in this chain, while other documents can be generated based on a previous one.
Invoice registers the goods shipped and services provided with details on VAT, discounts, and customer payment terms. Also, you can link the Invoice to a prepayment received earlier from the customer.
Tax Invoices can be generated with a single click based on Invoices.
With Credit Notes, you can process customer returns.
Additional Expenses used to register the costs of delivery, insurance and other expenses that could incur during shipping.
For each document, you can view the chain of documents in which it is included: for this, click the Hierarchy (
) button on the document toolbar.
Service Tool
Using the Item Pricing tool, you can set up prices of multiple types for all the goods and services. You can configure automatic discounts with conditions for their application by using the corresponding tools. Other tools enables adjusting Customer Orders in processing and currently used sales payment terms.
Reports
Using multiple reports, you can easily track sales, estimate revenues and profitability, and analyze the aged Receivables. Particularly, the Sales module contains the following reports:
For example, the Gross Profit report allows you to analyze the profit by sales document.
The Accounts Receivable Aging shows the aging of accounts receivable, so that you can view the overdue amounts.
