How to Record Income and link it to the account?

Created by Level 1 Support Team, Modified on Tue, 4 Apr, 2017 at 9:46 PM by Level 1 Support Team

How to Record Income and link it to the account?

To Record Income Income--> Record Income to record income received.

You can either put it as 1 consolidated entry or you can put Individual entries.

While entering income, you can either deposit to Undeposited Funds account and use the Deposit Payment screen to deposit to bank/cash account, else you can directly deposit to the specified account.

You can also record income from fee payments and any other income.

Once all pending income and expenses are entered, please tally your cash in hand to make sure everything is correct.