Quickbooks Point of Sale: Sales Orders, Work Orders, and Layaway Preferences

Sales order:

A sales order is a commercial document created by a seller and given to a customer. It confirms the transaction terms of goods or services between a buyer and seller. The seller generates the order, often in response to a purchase order.

A sales order includes specific details such as quantity, pricing, and quality of the items or services. The seller may send this document to the customer or rely on it solely for internal use.

The purpose of a sales order is to record a sale that will be fulfilled in the future and to keep track of items promised to customers. Generating a sales order is a standard part of the A/R workflow in QuickBooks Desktop.

Work order:

A work order is a document that contains all the necessary details for maintenance tasks and provides a process for completing them. Work orders serve as the backbone of the driving force behind any organization's maintenance strategy.

To write a work order, you need to communicate specific information about the task, including when it will be completed and who will be completing it. Work orders can be written manually on a document or generated automatically using software.

Layaway Preferences:

The term "Layaway" refers to a retail purchase practice where customers pay a portion of the deposit for desired products to hold the item for delayed pickup so they can pay the full balance at pickup later.

Layaway is a purchasing method that allows customers to agree with a retailer to reserve an item for a determined period by making a deposit, and then paying for it in installments over time. Once the full balance is paid, the customer can pick up the item.

For instance, suppose someone wants to buy a desired product for $50 at the department store but doesn't have enough money. Instead of paying the full amount upfront, that person can use the department store's layaway plan. He deposits $10, and the department store agrees to hold the item for 10 days.

In QuickBooks Point of Sale (POS), layaway preferences allow businesses to customize settings related to layaway transactions.

QuickBooks Point of Sale: Sales Orders, Work Orders, and Layaway Preferences is the eleventh video in a series of videos helping you set up your QuickBooks Point of Sale software. The series of videos is basically a step-by-step process of helping you get started on the right track. This tutorial shows how to setup your sales orders, work orders, and layaway preferences.

[This tutorial video describes the sales orders, work orders, and layaway preferences of QuickBooks Point of Sale.]

Contact us to schedule your free consultation to get the most benefit from your software. We provide custom software solutions to optimize business processes and gain a competitive advantage.