Page 64 - Demo

جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 64 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية4. Billing customers and Recording salesRecording sales is the responsibility of accounting department (A/R group) a. Sales invoice: the sales invoice is a method of indicating to the customer the amount of sales and the payment due date. b. Sales transaction file: Is a computer- generated file that includes all sales transactions processed by the accounting system for a period which could be a day, week or month. c. Sales Journal or listing: includes the same data in sales transaction file but in manual format d. Accounts Receivable Master file: A computer file used to record individual sales, cash receipts and sales returns and allowances for each individual customer and to maintain customer account balances.e. Accounts receivable trial balance: this list or report shows the amounts receivable from each customer at appoint in time usually an aged balance. f. Monthly statement: a document sent by mail or electronically to each customer indicating the beginning balance of their accounts receivable, the amount and date of each sale, cash payments received and credit memos issued and ending balance due. It is a copy of customer`s portion of accounts receivable master file5. Processing and recording cash receipts:a. Remittance advice: is a document mailed to the customer and typically returned to the seller with the cash payment. It indicates the customer’s name, sales invoice number, the amount of each invoice. b. Cash receipts transaction file: Is a computer- generated file that includes all cash receipts transactions processed by the accounting system for a period as a week, month or day. Includes same type information in sales transaction files c. Cash receipts Journal or listing: this report is generated from cash receipts transaction file and includes all transactions for a time period. Inmanual form. 6. Processing and recording Sales returns and allowances: