Sales Book| Subsidiary Books | Examples

Sale book feature image

Sales Book is that book in which we record all the business credit transactions related to the sale of goods only. It is an original entry book like a Cash Book. Cash sales of goods are not recorded in it because all these transactions are recorded in the Cash Book. It is also known as Sales register, Sales daybook, Sales journal and Sales invoice book.

Type of Sales Book:

It is the two type shown below:

  1. Simple
  2. Columnar

1. Simple:

This format is used by the seller who has the Unlimited types of products in which he is trading. The format of it shown in the following image:

Simple Sale book - Sales Book| Subsidiary Books | Examples

Details of Column in Simple Sales Book: –

1. Date: –

Date of transaction related to the credit sale of goods will be entered in this column.

2. Particulars: –

The details of the customer like name and product purchased by him

3. Invoice No. : –

Bill no. or Invoice no. related to the sales of goods enter in this column to track it in future.

4. L. F.:- 

L.F.  means Ledger folio. The Sales book is original entry book so we will post these all transaction in the ledger. So, the page no. of the ledger book on which this transaction is recorded will be entered in this column.

5. Details: –

Item wise total of the amount will be entered in this column. Trade Discount also is shown in this column by deducting it from the total amount of items.

6. Amount: –

The Customer wise Net amount is shown in this column. Sale value less Trade discount.

2. Columnar:

This format is used by the seller who has the limited types of products in which he is trading because in this format accountant will show all the products of the business in the separate column to find out the sale of individual products and closing stock or gross margin on each type of products. The format of it shown in the following image:

Columnar Sale book - Sales Book| Subsidiary Books | Examples

Details of Column in Columnar Sales Book: –

These following all column are same with simple Sales Book: –

  1. Date: –
  2. Particulars: –
  3. Invoice No. : –
  4. L. F.:-

5. Product Name: –

If we want a separate total of each product sold in the month then will maintain it in the columnar sales book. So, In this column, we will enter the amount related to each separate product in the separate column.

6. Total: –

The Customer wise Net amount is shown in this column. Sale value less Trade discount.

If you have any question about this topic of SalesBook please ask it in the comment section below.

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