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Account Sales – Importance, Reliability, and More

Account Sales

Account sales

Account sales are defined as a record of all transactions in the business. Including sales made on credit and in cash. This account is usually combined with an understanding of returns and discounts, which will help achieve a figure called net sales.

What is account sales?

The requirement to maintain a valid account arises because every business faces multiple transactions every day.

Importance of the sales account.

1. Reliability

2. Record Keeping

3. Transparency

4. New leadership

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