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Sales of Finished Items

Sales of Finished Items
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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 journal entry can be created from the Cost of Goods Sold report and posted to Xero..
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SI Inventory
Finished Items
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Xero Journal

Dr - Dry Goods
Cr - Cost of Good Sold
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Sales Order
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Xero

Cr - Revenue
Cr - Sales Tax
Dr - Accounts Receivable


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Cost of Goods Report
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