Item Sale

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Item Sale documents are used to record the issuing of inventory to a job from inventory or another job and the return of inventory previously issued to a job.

The following general ledger transactions are generated by an Item Sale document, invoice transaction type:

•	DEBIT - Account in the header section of the Item Sale screen for the total dollar value, Ext Price, of all item sale transactions lines.

•	CREDIT - A credit transactions is generated for the Sales Account for each transaction item for the amount of the transaction Ext Price.

•	DEBIT - A debit transaction is generated for the Expense Account for each transaction item for the amount of the transaction Ext Cost.

•	CREDIT - A credit transaction is generated for the Inventory Account for each transaction item for the amount of the transaction Ext Cost.

See, Transaction By Item Sale sample report.

Inventory quantities on hand are reduced when items are issued or invoiced to a job and increased when credited or returned to stock.

Start by filling in the item sale header section. The required field is Account. Next fill out the item sale transaction section. You can enter as many transaction details as you need. When you have entered all the transactions for the item sale, click on the Save button in the toolbar to save the item sales to the database.

To see a list of all existing item sale documents, click on the Find button in the toolbar.