Sales Process (6cr)
Course unit code: LT00DB17
General information
- Credits
- 6 cr
- Teaching language
- Finnish
Objective
The student understands and recognizes the importance of financial administration in a company's sales process. The student is able to explain both the key content of external accounting and the tasks related to the sales process. The student can apply the basic principles of bookkeeping and the relevant legislation in this process.
The student is able to search for information from the main sources related to contracts and bookkeeping and apply the information they find. The student can identify and understand how the business transactions and entries related to a company’s sales process affect the company’s profit and financial position, taking value-added tax into account. The student is able to use enterprise resource planning (ERP) systems in the sales process, especially from the perspective of financial administration. The student can process value-added tax in the sales process.
Content
- VAT on sales
- Creating a sales invoice
- Accounting / sales postings
- Automatic postings / sales invoices
- Payments to receivables
- Automatic postings / executions
- VAT return
- Controlling sales VAT information
- Debt collection / credit losses
Qualifications
Accounting 1 and 2, Corporate Financial Administration, Purchasing Process
Assessment criteria, satisfactory (1)
The student is able to apply the basic principles of bookkeeping to the company’s sales process. The student can search for information from given sources related to preparing bookkeeping.
The student understands what an enterprise resource planning (ERP) system is and how ERP systems are used in the company’s daily sales processes.
The student can identify how business transactions and entries related to sales affect the company’s profit and financial position.
Assessment criteria, good (3)
The student is able to explain the key content of a company’s external accounting and its tasks as part of the company’s sales process.
The student can apply the basic principles of bookkeeping and the essential legislation to the sales process.
The student can analyze how a company’s business transactions and accounting entries affect the company’s profit and financial position.
The student is able to search for information from given sources related to preparing bookkeeping and apply the information they find in essential parts.
The student can use the sales module of an enterprise resource planning (ERP) system, taking value-added tax into account.
Assessment criteria, excellent (5)
The student can use the sales module of an enterprise resource planning (ERP) system, taking value-added tax into account, and can transfer VAT information to the VAT return.
The student can explain the key content, tasks, and role of a company’s external accounting as part of the company’s financial administration.
The student is able to search for and identify relevant bookkeeping legislation and apply it to the sales process.
The student can analyze the company’s profit and financial position.
The student understands and can explain the connection between the company’s bookkeeping and value-added taxation.