the sales process n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
The Sales Process PowerPoint Presentation
Download Presentation
The Sales Process

Loading in 2 Seconds...

play fullscreen
1 / 23

The Sales Process - PowerPoint PPT Presentation


  • 189 Views
  • Uploaded on

The Sales Process. 2014. Topics. Tracking Company Sales Setting Up Customers Job Costing Recording Sales Receiving Payments from Customers Making Bank Deposits Income Tracker . Tracking Company Sales. Sales Receipt: Cash customers Invoice : Credit Customers

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'The Sales Process' - gyan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
topics
Topics
  • Tracking Company Sales
  • Setting Up Customers
  • Job Costing
  • Recording Sales
  • Receiving Payments from Customers
  • Making Bank Deposits
  • Income Tracker
tracking company sales
Tracking Company Sales
  • Sales Receipt:
    • Cash customers
  • Invoice:
    • Credit Customers
  • Both track detailed information
setting up customers
Setting Up Customers
  • Customer Center
    • Open from the Icon bar.
  • Setup Info
job costing
Job Costing
  • Multiple jobs for each customer QuickBooks tracks jobs in addition to customers
    • Helps track income and expenses
    • Help with reporting
  • Customer:Job – separated by colon
    • E.g.: Cruz, Maria:Branch Opening
recording sales receipts
Recording Sales Receipts

Use when customers pay at the time of the sale

undeposited funds
Undeposited Funds
  • Temporary holding account
  • Tracks checks and credit card receipts before they are deposited
  • Two choices:
    • Group with other Undeposited Funds (default)
    • Deposit to bank accounts
  • Group with other Undeposited Funds is best
    • Makes reconciliation of bank accounts easier
creating invoices
Creating Invoices
  • Use Invoices to record sales to your credit customers
receiving payments from customers
Receiving Payments from Customers
  • Receiving Payments by Check
  • Handling Partial Payments
  • Receiving Payments by Credit Card
  • Where Do the Payments Go?
  • Preferences for Applying Payments and Automatically Calculate Payments
  • Recording Customer Discounts
receiving payments by check
Receiving Payments by Check
  • Select the Customers menu, and then select Receive Payments
handling partial payments
Handling Partial Payments
  • Two options
    • Leave the invoice open
    • Write off the unpaid amount
receiving payments by credit card
Receiving Payments by Credit Card
  • Select the Customers menu, and then select Receive Payments
  • Enter data into the Received From, Amount, and Date fields
  • For Pmt. Method, enter the Credit Card payment method, credit card number and Exp date
where do the payments go
Where Do the Payments Go?
  • Undeposited Funds
    • Unless you turned off “Use Undeposited Funds as a default deposit to account” preference
  • QuickBooks does not increase your bank balance when you receive payments
  • To have payments show up in your bank account, you must Make Deposits.
recording customer discounts
Recording Customer Discounts
  • ClickDiscount and Creditson the bottom side of the Receive Payments window
  • QuickBooks automatically calculates a suggested discount based on the terms.
making bank deposits
Making Bank Deposits
  • Depositing Checks and Cash
  • Holding Cash Back from Deposits
  • Printing Deposit Slips
  • Depositing Credit Card Payments
depositing checks and cash
Depositing Checks and Cash
  • To ensure that your bank reconciliations go smoothly, you should always deposit your checks and cash separately from your credit card payments
holding cash back from deposits
Holding Cash Back from Deposits
  • Fill in the bottom part of the deposit slip indicating the account to which you want to post the cash
depositing credit card payments
Depositing Credit Card Payments
  • Credit card processing companies can charge discount fees on each credit card deposit.
  • Use QuickMath to calculate fee on deposit.
income tracker
Income Tracker
  • New in 2014
  • One easy to use location for tracking customer transactions
  • Manage unbilled and unpaid sales transactions
summary of key points
Summary of Key Points
  • Tracking Company Sales
  • Setting Up Customers
  • Job Costing
  • Recording Sales
  • Receiving Payments from Customers
  • Making Bank Deposits
  • Income Tracker