Entry 1: Revenue (Sales)
Example entry 'Revenue without Suspense Account' in the 'Sales (process)' journal after executing the 'Invoice' action. Transaction type 02 Sales invoice.
| Sales: | Revenue |
| Transaction type: | 02 Sales invoice |
| Action: | Invoice |
| Journal: | Sales (process) (20) |
| Note: | Without suspense account |
| Seq.no. | Description | G/L Account | Amount | Type DC | Transaction subtype | G/L Origin |
|---|---|---|---|---|---|---|
| 1 | Customer A Ltd | 1300 (Debtors) | € 121.00 | Debit | 01 Invoice | Debtor group |
| 2 | Customer A Ltd | 1810 (VAT payable) | € 21.00 | Credit | 03 VAT 1 | VAT |
| 3 | 30181797/1 (Customer A Ltd) | 8000 (Revenue) | € 90.00 | Credit | 02 Revenue | Sales group |
| 4 | Freight costs | 8200 (Other costs revenue) | € 10.00 | Credit | 09 Additional costs | Additional costs |
Explanation
- Transaction type = the journal entry resulting from the action has this type.
- Action = the action executed by the user.
- Journal = the journal that is addressed.
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Knowledge Center |
vatgeneral ledger accountdebtoradditional costsjournalfinancial transactioninvoicedebit/creditrevenuesuspense accountdebtor groupsales grouptransaction typejournal entrytransaction subtypetransaction type 02 sales invoicetransaction subtype 02 revenuetransaction subtype 01 invoicetransaction subtype 09 additional costs
- Published:29 jun 2025 00:48
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