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Sales of Finished Items

Sales of Finished Items
Sales of Finished Items
Despatching a Sales Order will deplete the Finished Items Inventory in Vinsight, while posting the order to Xero will credit the revenue and sales tax accounts while debiting accounts receivable.

To adjust the current asset and cost of sales ledger, a journal entry can be created and posted from the Cost of Goods Delivered/Sold report and posted to Xero..
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SI Inventory
Finished Items
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Text
Text
Xero Journal

Dr - Finished Items
Cr - Cost of Good Sold
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Sales Order
Sales Order


Xero

Cr - Revenue
Cr - Sales Tax
Dr - Accounts Receivable


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Cost of Goods Delivered
Review and Post Journal

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