What Is The Purpose Of Using A Sales Order, Instead Of An Invoice?

1.	What Is The Purpose Of Using A Sales Order, Instead Of An Invoice?
Answer» Sales order record a sale approved by client but not affect inventory or accounting, Invoice is to finalize sales once the product/service has been DELIVERED. A Sales Order can create a “backorder” which lets you SELL what you do not have, but commits that inventory to that cistomer when it arrives instead of showing as “AVAILABLE for sale”. Sales order record a sale approved by client but not affect inventory or accounting, Invoice is to finalize sales once the product/service has been delivered. A Sales Order can create a “backorder” which lets you sell what you do not have, but commits that inventory to that cistomer when it arrives instead of showing as “available for sale”.

Answer»

Sales order record a sale approved by client but not affect inventory or accounting, Invoice is to finalize sales once the product/service has been DELIVERED. A Sales Order can create a “backorder” which lets you SELL what you do not have, but commits that inventory to that cistomer when it arrives instead of showing as “AVAILABLE for sale”.

Sales order record a sale approved by client but not affect inventory or accounting, Invoice is to finalize sales once the product/service has been delivered. A Sales Order can create a “backorder” which lets you sell what you do not have, but commits that inventory to that cistomer when it arrives instead of showing as “available for sale”.

Discussion

No Comment Found

Related InterviewSolutions

You Notice That Multiple Accounts Should Actually Be Sub Accounts. How Can You Quickly Make These Accounts Sub Accounts Of Another Account?
What Does Quickbooks Enterprise Have That The Other Versions Do Not?
What Are The Main Differences Between Quickbooks Pro And Premier?
What Are The Most Important Accounting Topics To Learn And Have In Mind In Order To Understand The Work Being Performed In Quickbooks?
Why Is Quickbooks Used In Such A Different Way By Tax Preparers Versus A Quickbooks User Doing Bookkeeping / Managing A Business?
What Are The Most Important Quickbooks Tips For A Beginner And To Speed Up The Work?
You Are Setting Up A Quickbooks File From Scratch For A Company That Has Been Open For Many Years, How Do You Handle Opening Balances Of Assets And Liabilities? How Should You Enter A/r Or A/p Opening Balances?
What Is The Purpose Of Using A Sales Order, Instead Of An Invoice?
What Does It Mean When You Have Negative Inventory? What Can You To Do Troubleshoot Inventory Issues?
What Tools Are Available To “figure Out” Quickbooks Issues… In Other Words Where Can You Go For Answers For Questions On How To Do Certain Things In Quickbooks?