Sales Order Types
Standard Order:
Definition:
A sales order is a legally binding agreement between a seller and a customer for the sale and delivery of goods or services.
It initiates the order-to-cash cycle, which includes everything from order creation to invoicing and payment collection.
Process:
Return Order
Definition:
A return order is a type of sales document used to process customer returns.
The customer will report any damage or fault in the delivered goods or expired stocks to the company.
Following the creation of a return order using the original invoice, a return invoice is created referencing the return order.
Process:
Rush Order
Definition:
Rush is an immediate delivery order.
Whenever customer asking delivery immediately then we do rush order process.
Process:
Cash Sales
Definition:
Cash sales are common in retail or counter sales where the customer directly pays for the goods.
The customer will walk into outlets, pick up the materials, go to the counter, pay the cash, take the bill, and leave the counter. Example: Big Bazaar, Wal-Mart.
Process:
Scenario:
