The Income section of Jüulio™ is a crucial part of the accounting functionality, designed to help you efficiently record and manage all incoming revenue streams. This tutorial will guide you through the process of adding, viewing, and managing income within Jüulio™.
Accessing the Income Section
- Navigate to Income: Log into your Jüulio™ account and go to the accounting or finance dashboard. Locate and select the “Income” section to begin managing your income records.
Adding Income
- Record New Income:
- Select Source: Choose where the income is coming from. This could be from a specific client (contact), project, or general business operations.
- Associate Employees: If applicable, specify the employee or employees involved in generating the income. This could be one individual or all employees if the income affects the entire team.
- Enter Income Details: Input the amount of income and any relevant tags for easy tracking and organization.
- Apply Bonuses: Optionally, if you wish to distribute a bonus based on this income, specify the bonus percentage. Ensure your settings are configured to calculate and distribute bonuses correctly.
Saving and Viewing Income
- Save the Record: After entering all details, click “Save” to store the income information in Jüulio™.
- View Income Details: Once saved, you can view the recorded income in a simple pop-up that outlines the details. This includes the source, amount, associated tags, and any linked employees or bonuses.
Managing Income Records
- Edit Income Entries: If you need to modify any details about a recorded income, you can select the entry and make the necessary changes.
- Delete Income Entries: Should there be an error or a need to remove an income record, you can delete it from the system.
Integration with Invoices
- Link to Invoices: The income section is directly linked to your invoicing system. When invoices are marked as paid, whether partially or fully, these payments automatically appear in your income records.
- Track Invoice Payments: This integration helps in tracking how much revenue is actually being received versus billed, providing a real-time overview of your financial health.
Conclusion
Managing income in Jüulio™ not only simplifies the financial tracking process but also ensures that all revenue streams are accurately recorded and easily accessible. By following this tutorial, you can make sure that your business’s financial entries are meticulously organized, enhancing your overall financial management and reporting capabilities.