Field dictionary

Candace, from the sales team, and Mary, from accounting, are wondering how to set up sales accounting entries in Frisbii. They ask Linda, the Salesforce and Frisbii administrator, to show them the Frisbii object in question.

Definition of sales ledger entries

Object

Description

Sales Ledger entries

This is an operation that involves recording an economic, commercial or financial flow in a company's accounts.
All these operations are recorded in journals (a general journal or a subsidiary journal), and form the basis of all accounting results. The balance sheet and income statement depend on the accuracy of accounting entries. The aim is to have a complete balance sheet by the end of the year.
A Sales ledger entry is an operation that consists in recording all the accounting entries of a company related to sales. For contractors using invoicing software, accounting entries are digitized and grouped together in accounting reports.
In Frisbii, only sales entries are managed, not purchase entries.

Now let's take a look at the object in its entirety.

Sales Ledger entries object fields

The following is a list of fields by section of the Accounting entries object.

Information

1	Accounting record date	Date field	Date of creation of thesales ledger entry
2	Invoice	Lookup field	Links to invoice. If the entry is created automatically when the invoice is issued, the invoice name is automatically filled in.
3	Invoice Reference	Text field	Set automatically according to the invoice reference linked to the entry.
4	Currency	Picklist	Enter a currency Like VAT and language, currency can be configured at several levels (Corporate name, Account, Accounting data, Opportunity, Quotation, Subscription, Invoice).
5	Entry Designation	Text field	You can specify a label to distinguish your entries.
6	Corporate name	Lookup field	Links with the relevant corporate name.
7	Journal code	Text field	The journal code identifies an accounting journal.
8	Accounted ledger entry	Check box	If you check this box, the recording will be locked. Ledger entry won't regenerate

Amounts

9	Debit	Roll-Up Summary Field	Displays the sum of the debit lines of the entry
10	Credit	Roll-Up Summary Field	Displays the sum of the Credit of the entry lines
11	Balanced ledger entry	Checkbox (Formula)	The box is checked if debit and credit are balanced.

The fields of the Ledger Entry Lines object

Clicking on the related list Ledger Entry Lines anLedger Entry Line record opens the Entry Lines linked to theLedger Entry.

1	Accounting account	Lookup field	An accounting account is made up of 6 digits and is defined according to the rules of the French General Chart of Accounts (Plan Comptable Général - PCG) When you use Frisbii to invoice your customers, you most often use : accounts receivable: 411 revenue accounts: 70 701 Sales of finished goods 706 Services 707 Sales of merchandise VAT account: 445 VAT
2	Sub-ledger account	Lookup field	They enable the company to monitor invoices and payments more effectively, so that it knows in real time what receivables it has with its customers.
3	Analytics 1/2	Text field	Please fill in the information according to your specific needs. It can be used in reports to analyze the various axes.
4	Debit	Currency field	The sum of sales made for this customer
5	Credit	Currency field	Details of what the customer owes us (by account).