A sale is a transaction between a seller and a buyer in exchange for money or other property. It can be between two or more parties depending on your business needs. The sales activity begins with the customer’s sales order and is completed with an invoice. Sales orders provide details related to the order, such as quantity, agreed price, and type of goods or services. Sales orders are directly linked to inventory levels. The sales process consists of two components. Sales orders and invoices.
This process can be completed in two ways. Attach a sales order with an invoice or create an invoice directly without attaching a sales order. The sales process cannot be completed without attaching the invoice. The reason is that every invoice has a sales order by default. When an order is packaged and shipped, physical inventory decreases, while accounting inventory decreases after an invoice is sent to the customer. This record is very important for businesses to maintain their inventory.