Streamline Your Sales Order Invoice for Enterprises with Ease

Sales order invoice for enterprises

in this video we are going to see how we can convert the sales order to the sales invoices using the quickest methods possible so let's get started so here in this entry it says send all items to Mr abubakr against previous sales order so if you remember we entered a sales order order number 55 and against that we have also received an advance so you might remember that at the point of sales order we have also mentioned the customer advances so that we don't forget it in future so let's see how we can do this entry it's very simple to convert sales order to sales invoice what you have to do is just start entering the invoice and it will automatically suggest that an order is behind that let me show you how so I'll click on create invoice and just directly select abubakr as if you don't remember anything so let's select and it will show you that a pending sales order is available do you want to convert it yes click okay and specify what you want to include in the invoice you want to convert all the sales order you want to create invoice for selected items in this case we are converting the complete sales order click okay and you can see that the customer Advance is automatically transferred here so that's best for us and the date of transaction is 19th January so let's make it 19 19 January and click on Save and new so let's see the transaction Journal report I'll go back go to reports and transaction journal and at this point it looks quite lengthy entry but it's very simple accountable to Sals and cost of good sold to inventory is the basic entry but we have also adjusted customer advances so let me show you in word how this entry actually looks so this is how the actual entry is the sale amount total was 65200 out of which we have received advance so the total receivable is 652 minus 378 so receivable is debit with 274,000 debit customer advances why debit because that customer advances was liability so now we are settling it against the total receivable so that's why debit the reversal of customer advances 378,000 then comes the sale amount of 65200 and then comes our cost of good so to inventory the regular entry so this is how the actual entry is let's close this no and this is how we convert the sales order to sales invoice in QuickBooks [Music]