AS Applied ICT - Key Terms and Definitions

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1. What is the purpose of the sales ledger?

  • Record sales made + money paid in for the goods or services sold.
  • To purchase goods from suppliers.
  • To notify the organisation of a delivery.
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2. Why does the sales system have links with the stock control system?

  • So that they can arrange meetings to discuss the company's accounts.
  • So that items sold can be deducted from stock levels and staff have the most up to date information.
  • So they know when to buy more stock.

3. A sales system records?

  • Orders and contracts placed by customers.
  • Money paid and money owed.
  • The purchase orders sent to suppliers.

4. What does EDI stand for?

  • Electronic Data Influx
  • Electronic Data Interchange
  • Electric Data Interchange

5. What documents linked to purchasing could be transferred using EDI?

  • Purchase orders, Invoices, Purchase Ledgers etc.
  • Payslips and Tax Forms
  • General Ledgers and Sales Ledgers

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