How to Recognize a Total Payment by a Customer

Your customer pays their bill. It is therefore necessary to record the accounting rules to regulate the customer account. So here are some steps to recognize the customer payment.

Instructions

1. Step 1

   Assume that the accountant to record its accounts in the bill of sale with a customer account '411 '.

2. Step 2

   The accountant will debit the bank account for the net amount payable to the invoice. The financial accounts are represented by the Class 5 Plan Accounting. It is customizable according to the companies.

3. Step 3

   For example: If payment is made through a check, we will focus on account 512, if the money paid in case we choose the account 530 and if it is a postal account must promote the account 514.
   This number can be customized using a database specific to the company.

4. Step 4

   In return, the accountant will credit the customer account represented by account number 411, accounting. This account has the same amount that the bank account above.

5. Step 5

   This accounting number is called 'client'. It is part of the class 4 of accounting, these are personal accounts.

6. Step 6

   This script allows to settle the client account.
   This is the basic schematic accounting regulation bill of sale.