1) Purchase:- The action of buying something is Purchase.
Some important features under Purchase are:
a)Finished Purchase:Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user.
b)General Purchase:In General Purchase, all the Profit and Loss Expense Invoice Entries can be done.
2) Job:- After the Process of Item Finalization, Goods are sent to Job Work. As same Received Entry is done to maintain the stock report.
3) Sale:- Here Sale process is different where Sale Entry will show the name of Supplier as well as the name of Customer.
4) Bank & Cash Transaction:- Here all the Bank And Cash Related Transaction Entries can be done.
5) Journal Voucher:- It is prepared for the transactions which does not relate to sales, purchase, cash, bank, material return. It maintains:
-Invoices for all non-trading items.
-Bills or Debit Notes or Credit Notes for services availed or provided.
-The Debit Notes and the Credit Notes in respect of material returns and other adjustments.