Direct Transactions

Many transactions generated by other iMIS features are passed to iMIS AR/Cash for tracking. This section explains how to enter other sales, cash receipts, and adjusting entries directly through iMIS AR/Cash. Information is provided on the types of direct transactions and on the process of deciding between simple order entry and sales transactions. Batch processing works with transaction data entry, and information on processing different transactions is also included.

Direct transactions types

There are four transaction types you can directly enter using AR/Cash. Each transaction type appears as a separate selection on the Enter and edit transactions submenu:

• Sales transactions
• Cash receipts
• Credit memos
• Debit memos

The following sections provide information on each direct transaction type, as well as the procedures involved.

Entering and editing sales transactions

Use the Enter and edit sales transactions window (from AR/Cash, select Enter and edit transaction > Sales transactions) to enter sales transactions that are processed and tracked through iMIS AR/Cash. This window should only be used for transactions that are not processed indirectly through another module.

The purpose for entering data on this window is to record after-the-fact any sales-related transactions, such as manually prepared invoices. iMIS uses the information entered on this window to track several items:

• Product sales items that are passed on to sales history.
• Any outstanding AR amount.
• Any open AR amount that is reduced or eliminated, which is reported on daily and monthly transaction reports.

More:
Enter and edit sales transactions window
Deciding to use a simple order entry or a sales transaction
Entering cash receipts
Enter and edit cash receipts window
Adjusting journal entries
Enter and edit credit memos window
Enter and edit debit memos window
Recording credit memos