The register also retains a copy of the receipt, and usually can print a summary of the day's sales activities. The summary can be used to journalize sales in the accounting records. A second source document often created is a sales ticket. One copy of the sales ticket is given to the customer and the other copy is sent to accounting. Wholesaler Wholesalers tend to sell to retailers.
Retailers commonly mail or fax written purchase orders to buy merchandise from wholesalers.
The wholesaler typically make sales on account, and credit approval is needed. A sales invoice is generated. One copy is sent to the retailer as a bill for the merchandise, one copy is sent to accounting to record the sale, and one copy is shipped with the merchandise. Both retailers and wholesalers sometimes have customers return goods or seek price reductions for damaged goods. Merchandise returned by a customer for a refund is called a sales return.