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NMNLlife

What are the Journal Entries involved for - Sales Order to Pick Ticket to Delivery

Posted By

Hi There,

We were wondering if someone could shed some light on the journal entries that occur at different points of the sales process. What is the process between the journal entries, pick, ship and invoice. We have a clearing account - credit sales 5070 but unsure if things sit there because it hasn't been invoiced? Or is there a way to check that process and understand what accounts are hit and at what time.

  • 0

    Hi,

    Check out my blog: Exploring auto journals: which auto journal will be used? This will explain how the automatic journal is selected. From there, the lines are selected based on the conditions. These lead to accounting codes and the general ledger accounts. There are links to other blogs which explain some of the formulas  or fields used. 

    I highly recommend the Sage University class X3 - Sage X3 - A deep dive into Auto Journals which is coming up in May. This will give you a great understanding of how automatic journals work.

    There is the Journal traceability option in the right box  for invoices which will show you the related transactions and journals.

    Also, your Sage business partner may have flow charts to share.

    Hope this gets you started.

    Regards,

    Pam

*Community Hub is the new name for Sage City