Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms.
Here, Income is adding from various modules in the system like Invoices, Orders, Recurring Invoices, Quotes ( after converting to Invoice), Proposal ( after converting to Invoice).
The categories which are related to Income shows from which module it is coming and from which category it takes place. We can create various categories for Income. These will be reflected at the payment page.
The Income list page shows as,
Account: Income is added to in which account.
Income Category: Income takes place from which category.
Entry Date: Income date.
Amount: Income amount.
Payer: Who made the payment.
Payment Method: Payment done through which gateway.
By clicking on View, we can monitor the selected Income details.
We can create the Income on here itself also by clicking on Add new button.