Sales Module

The Sales module in ERPNex manages the entire sales lifecycle, from initial customer engagement to order fulfillment and payment collection. It helps businesses track sales performance, manage customer relationships, and optimize revenue generation.

Key Processes:

• Sales Order: Create and manage customer sales orders, capturing all necessary details for fulfillment.
• Delivery (Finished Goods Inventory Out ? COGS): Process the delivery of finished goods to customers, updating inventory and recording Cost of Goods Sold (COGS).
• Customer Invoice (AR ? Sales Revenue): Generate and send invoices to customers, impacting Accounts Receivable (AR) and Sales Revenue.
• Customer Payment (Bank ? AR): Record customer payments, updating bank accounts and reducing outstanding Accounts Receivable.
• Payment Allocation: Allocate customer payments to specific invoices, ensuring accurate financial reconciliation.

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