The My Sales Report section contains the reports on the sales you have invoiced.
The reports contain all the sales you have made and invoiced in the software. You do not have to submit these sales reports to your accountant, unless they specifically ask you to. For example, you may be asked to send a report on outstanding invoices at the end of the financial year for the purpose of preparing financial statements. You can use the sales reports as support tools when you are tracking and planning your company's activities.
The Invoice summary report shows all the sent invoices in the selected reporting period. In the example, the reporting period is March, and the report shows all the sales invoices sent in March.
The Payments report shows all the payments received in the reporting period. It also includes any excess payments received.
The Receivables report shows all the receivables of your company at the end of the reporting period. Here you can easily see how late the payment is and send a payment reminder, if necessary. This report also shows you if you have received some payment only partly.
The Payment based accounting report shows the sales invoices on which you have received payments during the reporting period.