Accounting Enter Sales

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Accounting Enter Sales

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Enter Sales
button to select the vehicle, calculate financing, etc.  Frazer will create the correct G/L entries associated with the specific type of sale.  Auto postings will debit accounts such as 1010 Cash in House, 1020 Contracts, 1130 F&I Receivables or 1140 Accounts Receivable as determined by the type of sale.  Auto postings will also credit the appropriate inventory, tax liability and revenue accounts.  To see the G/L accounts affected by the sale, after the sale is completed, click Print GL in the Customer Activity screen.  You can also use Accounting-V or R-4-3 for the G/L listing.