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Record Income in Simple Tracking

Record business money in without assigning it to a bank account.

Applies to

  • Bookkeeping setup: Simple Tracking
  • Roles: Workspace Owner; Accountant with transaction-edit permission
  • Business structure: Sole Proprietor

Steps

  1. Open Income.
  2. Select Add Income.
  3. Enter the Date.
  4. Choose the appropriate Income Category.
  5. Enter the total in Received CAD. Enter a positive amount.
  6. If GST/HST tracking is enabled, choose Tax and review Tax Amount CAD.
  7. Optionally add the payer as a Contact, then add Tags, a Note, or an attachment.
  8. Select Save Income.

The transaction appears in Income and applicable reports. Simple Tracking does not ask for Deposit To and saves no deposit account.

Important rules

  • Use Income for ordinary money received by the business. Do not record an account-to-account movement as Income.
  • Category controls the accounting account, while transaction type controls which page owns the record.
  • Manual Income entry uses a positive amount.
  • GST/HST reports track tax amounts but do not file a return.

Troubleshooting

Deposit To is visible

The Workspace is using Bank Account-Based Tracking. Follow the banking-setup Income article instead.

The money was a transfer between your own accounts

Do not use Income. Bank Account-Based Tracking provides the Transfers workflow; Simple Tracking does not track account balances or transfers.