How do I record income transactions?

ExpensePlus enables you to create accurate accounts fast, without the need to key in data each month.

Within ExpensePlus, here is how different income is recorded:

• Donations income (including standing orders) - Once you have reconciled your bank transactions for the first month, ExpensePlus can auto-reconcile your recurring donation transactions at the click of a button - see our Bank Reconciliation Module to learn more.
• Other income (including recurring income) - ExpensePlus can also auto-reconcile other recurring income - see our Bank Reconciliation Module to learn more.
• Invoice income - The Invoicing Module within ExpensePlus connects with the bank reconciliation module. So once an invoice has been created, the income payment simply matches against the outstanding invoice.
• Mixed income - When reconciling income transactions, mixed income allows you to allocate a single transaction across multiple income sources - for example ticket sales income minus fees.
• Bank deposits - For churches and charities that bank cash and cheques, the Bank Deposit Module replaces the need for a paper form and enables one-click matching of bank deposits once these appear on your bank statement. Note: The Bank Deposit screen ISN'T for keying in income via bank transfer, standing order, or via a payment processor.

The best way to find out more is to sign up for a free online tour. The online tour of ExpensePlus is a great way to get started and see for yourself how ExpensePlus works. The tour covers all the key modules within ExpensePlus, as well as many commonly asked questions.