Sales

Entering additional information about the sale

If you choose, MYOB AccountEdge allows you to add useful information about your sale, such as a journal entry memo or a referral source (the way your customer found out about your business). You can also record details about the customer's payment with the Applied Payment Details window. For example, if the customer paid by check, you can enter the check number. If another customer pays by credit card, you can enter the credit card number, expiration date and other related credit card information.

Note:  If you subscribe to the MYOB Merchant Account Service, you can authorize the payment

If you like, you can use the customer's card to set default entries for several fields in the Sales window. [Selling Details view and Payment Details view - Customer]

Note:  Entering payment methods for use with an MYOB Merchant Account

Alternatively, you can choose Update Customer Card with Payment Details in the Applied Payment Details window so that information entered in the window will be used to update the customer's card.

Tracking employees' sales

You can track the progress of your employees' sales performance by assigning their names to individual sales transactions. When you do this, each employee's sales amounts are added together and stored on a monthly basis. You can then use this information to analyze your company's sales on a salesperson-by-salesperson basis and to pay sales commission to your employees. See Paying bonus/commission wages to learn more about including commissions on employee paychecks.

Tax codes

The tax code that is selected for the customer on the customer card is entered automatically when the customer card is entered in the Sales window. You can change it, if you wish. Using the Selling Details view of the Item Information window, you can choose to mark automatically an item that's included in the Items List to be taxed when you enter the item on a sale. Simply mark I Collect Sales Tax When I Sell This Item.

All parts of the sale (line items and freight charges) that you've marked as taxable will be taxed based on the sales tax code's tax rate. If, after you've entered all your line items and freight charges, the sales tax amount that appears in the Tax field isn't the amount you want to bill the customer, you may want to manually adjust the amount. Click the arrow next to the Tax field to open the Tax Information window; you can adjust the amount in the Tax column.

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