Cash Debit

Accounts Receivable Accounts Receivable

Sales
Inventory COGS
Cost of Goods Sold

Cash

Sales Return and Allowances

Credit Sales Order Procedure
Step Document
Sales Receive Order Quotation/Customer Order - Purchase Order
Sales Order
Inventory
Check Credit Sales Order/Sales Invoice
Approved Sales Order
Accounts Receivable
Pick Goods Stock Release Document
Verified Stock Release Document
Accounts Receivable Back Order Record
Stock Records

Ship Goods Packing Slip

Shipping Notice
Bill of Lading

Bill Customer Sales Order (Approved)

Shipping Notice
Entry in Sales Journal
Sales Journal Voucher

Update Inventory Records Inventory Subsidiary Ledger

Entry in Sales Journal

Update Accounts Receivable RecAR Subsidiary Ledger

Post to General Ledger General Ledger

r Order - Purchase Order Number/Quantity/Price Per Unit/Customer/Vendor
Number/Quantity/Price Per Unit/Customer/Vendor
Customer Creation - terms, address, TIN, VAT registered
Credit Limit 30 days 14-Mar
Aging receivable 28-Jan 200 45
Reject Sales Order 16-Feb 200 26
28-Feb 100 14
se Document

Sales Order 1200

Sales Invoice 100

Account affected, profit center, currency, amount, debit/credit, customer number, date, journal num
D C
Company A - AR 121 300 PHP 150
Sales 453 300 PHP 150

Company A - AR
5-Jan 100
6-Feb 100
8-Apr 100
9-May 50
 Sales Return Procedure
Input
Prepare Return Slip Packing Slip

Customer 121 Prepare Credit Memo Return Slip

Approve Credit Memo Credit Memo

Update Sales Journal Approved Cred

Update Inventory Records Inventory Subsidiary Ledger

Update Accounts Receivable Records AR Subsidiary Ledger

Post to General Ledger General Ledger

mer number, date, journal number

 Cash Receipt Procedures
Output Input
Return Slip Open Mail and Remittance Advice Remitance Advice
Check
Credit Memo Record and Deposit Checks Crossed Check
Remittance List
Approved Credit Memo
Reconciliation Remittance List
Sales Contra Entry Returned Deposit Slip
Journal Vouchers
entory Subsidiary Ledger

Subsidiary Ledger

eral Ledger
Output
Remittance List
Crossed Check
Cash Receipts Journal
Deposit Slip 1000 One thousand
Check no.