Transaction digestion
I will give you one quick tip to allow orders to be entered with direct payment. Please enter a default customer in the G/L Account Determination | Sales tab. For this purpose, I have created a customer for Bridge Street, where we will be selling the lemonade first. Transactions are entered using the Sales AR Menu using the A/R Invoice + Payment form:
Since we are not officially writing a quote and then converting it to a sales order with appropriate payment means, we used the A/R Invoice + Payment.
When entering an invoice via A/R Invoice Plus Payment, it is assumed that we will immediately receive the payment. Therefore, when entering the data in the form, SAP automatically prompts us with a Payment Means form:
OK. We just entered the first transaction. In order to understand the underlying consequences, let's investigate the CoA (seen in the following screenshot). How did this first transaction impact the numbers in the underlying accounts?
This looks good. We received...