Sales Document - JSS2 Business studies Lesson Note

Preparation:

Sales documents are prepared by sales teams or individuals to record transactions and communicate information related to sales activities. This includes creating invoices, sales orders, contracts, and sales reports. The preparation involves inputting details such as product information, quantities, prices, and customer information.

 

Uses:

• Recording Transactions: Sales documents serve as a record of sales transactions between the company and its customers.
• Legal Purposes: They can serve as legally binding contracts or agreements between the buyer and the seller.
• Financial Tracking: Sales documents help in tracking sales revenue, forecasting future sales, and managing inventory levels.
• Communication: They are used to communicate order details, pricing, terms, and conditions to customers.