Examples of sales journal entries from Order management
Example:
- Article ABC has a fixed transfer price (VVP) of €5, a sales price of €15 and a purchase price of €6.
- At the moment there is no stock, however, stock is tracked by Profit.
- Stock journalising is enabled.
- VAT 21%.
After selling the article journal entries are created for the packing slip and invoice.
In this example, we assume that the article groups have been configured in a certain way. Please refer to the configuration of the 
article groups.
The above example results in the following journal entries.
Packing slip:
You deliver 50 units at a sales price of €15.
Account |
Debit |
Credit |
Delivered articles (transfer price * quantity) |
250.00 |
|
To Stock (transfer price * quantity) |
|
250.00 |
Note:
The system date (entry date) on which the packing slip and goods receipt are entered, determines the journal entry date.
Journal entry for invoice:
Account |
Debit |
Credit |
Debtor |
907.50 |
|
To Turnover (sales price * quantity) |
|
750.00 |
To VAT |
|
157.50 |
and if there is stock:
Account |
Debit |
Credit |
Cost price of sales (transfer price * quantity) |
250.00 |
|
To Delivered articles (transfer price * quantity) |
|
250.00 |
|
Directly to |