Income TypeΒΆ
Click on the menu Accounts Receivable -> Masters -> Income Type.
This will show the Income Type Collection.
You can create a new Income Type by clicking on 
.
The fields are explained in the following table:
| Field Name | Required | Description |
|---|---|---|
| Income Type | Yes | Income Type Name |
| Tax Schedule | No | This is the default tax schedule for the supplier. |
| Invoice Sequence | Yes | This is the default tax schedule for the supplier. |
| Income A/C Head | Yes |
Click on 
to save your changes and close. The Income Type Collection will now display the newly created Income Type.