Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

A customer pays in full at the time of sale, what occurs?

customer occurs pays sale time
0
Posted

A customer pays in full at the time of sale, what occurs?

0

Use the Sales Receipts form to record sales for which the customer pays in full at time of sale. Recording a sales receipt tracks what was sold, the sales tax, if any, collected and increases sales tax liability and then deposits the amount from the sale into a bank account or holds the money with other Undeposited funds (you can set a preference to make Undeposited funds the default deposit to account).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123