The Sales Ledger keeps track of your sales and VAT data, informing you who owes what, and for how long. Invoices and Credit Notes can be processed from this module and the posting of the corresponding totals to individal debtors accounts. As they are posted, the system accumulates totals of sales turnover and margin figures for each product and customer.
At month end, the systems prints out daily sales reports, customer statements., aged debtors reports informing you of how long the debts have been outstanding. The Sales module also keeps track of VAT amounts due to the Revenue Commissioners.