Differences Between Sales Orders and Sales Receipts
Click here for the differences between a sales receipt for a credit sale and for a cash sale.
The difference between a sales order and a sales receipt
| Sales Order |
Sales Receipt
|
|---|
|
A customer has to be specified.
|
A customer can be specified, but is not required.
|
|
A tax invoice is produced.
|
A tax invoice cannot be produced. A sales receipt does not print any documents and can only be seen on the customer's account statement.
|
|
Products can be used and stock can be tracked.
|
Products are not used. A sales receipt is posted directly on the income account(s).
|
When to use what
|
Situation
|
Use
|
|---|
|
Enter a days shop sales
|
Sales Receipt
|
|
Professional services to private consumers.
|
Sales Receipt
|
|
Sale without stock tracking to private consumers.
|
Sales Receipt
|
|
Any sale to private consumers that require an invoice
|
Sales Order
|
|
Any sale to businesses.
|
Sales Order
|