Revenue

What you earn from customers before any costs: product sales, services, shipping charged. The top line of the Income statement.

In Solo Superstars

Revenue accounts are the 4000s. Sending an invoice (accrual) or receiving payment (cash view) is what puts a number here; contra-revenue accounts like returns reduce it.

Example

Sales of Product Income 10,000 + Services 6,000 − Sales Returns (400) = net revenue 15,600.

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

  • income
  • sales
  • turnover

Related

  • 4000 Sales of Product Income — Revenue from selling physical goods. The default revenue account for shop orders and product lines on invoices.
  • 4010 Services — Revenue from professional or consulting work. The default revenue account for service line items.
  • Income statement — Revenue, costs and expenses over a period, ending in net income. The report that says whether you made money.
  • Gross profit — Revenue minus cost of goods sold. What is left to cover everything else.

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