Sales Invoice

Sales Invoice

A Sales Invoice is issued to a customer after delivering goods or services. Submitting a sales invoice records income and creates a receivable entry.

Steps to create a sales invoice:

1. Navigate to Home → Accounting → Accounts Receivable → Sales Invoice and click New.
2. Select the Customer; the system fetches default customer details such as address and payment terms.
3. Set the Due Date (defaults to the posting date) and add items with quantities and rates. Prices and taxes are fetched from the item master and price lists.
4. Verify or edit the Posting Date and Posting Time. You can add shipping and other charges under Taxes and Charges.
5. Save and Submit to book the revenue and create a receivable. The invoice status will change from Draft to Submitted and later to Paid when payment is received.

A flowchart summarises the typical sales cycle: Sales Order → Delivery Note → Sales Invoice → Payment Entry. Additional options include creating a POS Invoice for point‑of‑sale transactions (which records payment simultaneously) and issuing Credit Notes (return invoices) by ticking Is Return.