Like inventories, sales are classified according to the entity’s own classification, that best meets its internal management needs.
Subdivisions of sales accounts may be opened to identify :
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sales in France and in foreign countries ;
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sales made by the entity to affiliated entities or equity related entities ;
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sales at cost price.
Sales of goods, services and ancillary income are credited to the following accounts : 701 « Sales of finished goods », 702 « Sales of intermediate goods », 703 « Sales of residual goods », 704 « Work », 705 « Studies », 706 « Services », 707 « Sales of goods for resale » and 708 « Ancillary income ».
Off-invoice allowances, discounts, rebates given or which cannot be linked to a specific sale, are debited to account 709 « Sales allowances, discounts, rebates given ».
Payment discounts, even when they are deducted from the sales invoice, are debited to account 665 « Discounts given ».
