Ep2 Create sales collection in Vithean
Vithean Capacity Building · Episode 2 of 6
About this video
When a customer pays an open invoice, record a sales collection in Vithean to update your bank balance and clear the outstanding receivable. Go to Sales and select Collections. Click Create, then select the customer and payment method (Bank or Cash). Select the open invoices being settled and enter the allocated amount. Click Approve to post the journal entry. Approving the collection posts a balanced journal entry automatically, crediting Accounts Receivable and debiting your Bank or Cash account.