4000 Sales of Product Income
Revenue from selling physical goods. The default revenue account for shop orders and product lines on invoices.
In Solo Superstars
Storefront orders and product line items post here. Service lines go to 4010 Services. You can add finer revenue accounts; they all roll up under Revenue on the Income statement.
Example
A $250 shop order: debit 1310 Stripe Clearing (net of fee), debit 6010 Bank Charges, credit 4000 250.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- product sales
- sales
Related
- Revenue — What you earn from customers before any costs: product sales, services, shipping charged. The top line of the Income statement.
- Invoice — Your request for payment. Sending one books revenue and a receivable; the customer pays through the hosted link.
- Shop-origin invoice — The invoice created automatically when a customer buys through your storefront. Same books as a manual invoice, different origin.
- Chart of accounts — The list of buckets your money can be sorted into: assets, liabilities, equity, revenue, expenses. New workspaces start with a default set you can rename or extend.
- Default chart — The chart of accounts every new workspace starts with, numbered the way QuickBooks users expect. Yours may have been renamed or extended since.