Account 411 – Customers
Posted: Tue Feb 11, 2025 8:50 am
Account 411 "Customers" is an auxiliary account that belongs to class 4 of the General Accounting Plan (PCG). It plays an essential role in a company's accounting because it allows you to record customer receivables relating to sales of goods or services. Definition, rules, examples, advice... in this article, we tell you everything about account 411! 
Did you know?
Entrusting your accounting to an accountant is not mandatory. Indy categorizes all your transactions and automatically classifies them in the right accounting accounts!
I do my accounting on Indy
Description of account 411 (debit account)
Account 411 "Customers" is an account that appears in the current assets of the usa student data balance sheet since it is a potential source of liquidity for the company. It is used to record customer receivables that result from sales of goods or services.
More specifically, it traces the amounts invoiced by the company to its customers for a given service provision or sale of goods and includes in particular invoices issued but which have not been paid at the closing of the accounts .
In accounting, you can create as many accounts as you want to record customer receivables! It is therefore very common to create a separate account for each customer .
This practice makes it easier to track customer receivables and establish clearer and more organized accounting.
Account 411 is divided into several sub-accounts such as:
Account 4111 “Customers – Sales of goods or provision of services”;
Account 4117 “Customers – Guarantee retentions”.
Rules specific to account 411
When the company recognizes a sale on credit , this results in:
The debit of account 411;
Credit of a product account (belonging to class 7);
The possible credit of a collected VAT account (account 44571).
When the customer pays his debt , the accounting record is as follows:
Did you know?
Entrusting your accounting to an accountant is not mandatory. Indy categorizes all your transactions and automatically classifies them in the right accounting accounts!
I do my accounting on Indy
Description of account 411 (debit account)
Account 411 "Customers" is an account that appears in the current assets of the usa student data balance sheet since it is a potential source of liquidity for the company. It is used to record customer receivables that result from sales of goods or services.
More specifically, it traces the amounts invoiced by the company to its customers for a given service provision or sale of goods and includes in particular invoices issued but which have not been paid at the closing of the accounts .
In accounting, you can create as many accounts as you want to record customer receivables! It is therefore very common to create a separate account for each customer .
This practice makes it easier to track customer receivables and establish clearer and more organized accounting.
Account 411 is divided into several sub-accounts such as:
Account 4111 “Customers – Sales of goods or provision of services”;
Account 4117 “Customers – Guarantee retentions”.
Rules specific to account 411
When the company recognizes a sale on credit , this results in:
The debit of account 411;
Credit of a product account (belonging to class 7);
The possible credit of a collected VAT account (account 44571).
When the customer pays his debt , the accounting record is as follows: