FrontAccounting forum — One invoice & payment received for multiple item sales?

Re: One invoice & payment received for multiple item sales?

null@example.com (jourdan) — Tue, 14 Jul 2009 03:21:36 +0000

Hi, tom & joe.

Thanks for the info.

Regards,

Re: One invoice & payment received for multiple item sales?

null@example.com (joe) — Mon, 13 Jul 2009 15:18:01 +0000

Yes, this is an excellent way of doing it. You can then use quick entries for depreciations and include the dimensions here. You will get a good overview over your hardware/furniture this way.

/Joe

Re: One invoice & payment received for multiple item sales?

null@example.com (tom) — Mon, 13 Jul 2009 11:02:54 +0000

I believe you can do this by using Dimensions.

If you add a Dimension for Hardware and Furniture and then add the proper dimension to each item in the Item's properties (stock_master) you can then
run dimension reports that will break things dwn.

You can even create Quick Entries so you can divide any shipping/handling
charges down by dimension.

(I am fairly sure I am correct... Joe will correct me or clarify )

tom

One invoice & payment received for multiple item sales?

null@example.com (jourdan) — Mon, 13 Jul 2009 04:10:32 +0000

Hi,

I'm just want to confirm how to implement this? For example, I want to separate the Item 1 & 2 for the "Account Receivables Report".

[Scenario]
A) Invoice #: 1001
B) Item included in invoice 1001:
Item 1) Hardware $500.00
Item 2) Furniture $350.00

Total amount: $850.00

On "Customer Balances" Report, it will show $850.00 as the outstanding balance for this invoice.

After the payment being made. The customer balance report is 0, but how do I know the $500 goes for Hardware and $350 goes for Furniture as Receipt(payment from customer) in the customer balances is $850(total amount of invoice).

Thanks in advance!