The second step in the period closure is updating all manual entries. Think of manual purchase and sales invoices, bank statements, cash transactions, and periodic items such as accrued assets and payroll journal entries.

For setting up the financial administration, the administration settings for certain financial bookings are important or even decisive. This article provides an explanation of cost price booking, manual invoicing, installment invoicing, post-calculation, working without items, outsourcing, and 'Never anonymously from stock'.

Example entry 'Manual Sales Invoice' in the 'Sales (manual)' journal following the action 'Manual Sales Invoice'. Transaction type 14 Manual Sales Invoice.

To link actions in MKG's logistics processes to financial entries, you can use 4 process groups: for sales, purchasing, inventory, and production. The settings of the sales group(s) can be found in the 'Sales Groups' process table.

Manual sales invoices are invoices that are sent entirely outside of the process. Examples can be found in the sale of (depreciated) company assets and the lending or renting of company assets that are not recorded in a sales order. However, you must still record the revenue.

Crediting means giving a 'discount' on a previously created invoice, for example, because a product arrived damaged to the customer. Crediting affects the result. In this article, you will learn how to create a credit invoice.

Quickly gain insight into sales results? With the standard dashboard 'Invoice Margins' you quickly have an overview of the invoice margins, both per debtor and per sales group.