How Revenue Flows from Invoices to Reports

Revenue moves through the system as follows:

1. While an invoice is a Draft, it has no effect on revenue, Accounts Receivable, or reports.
2. Once you click Approve (or Save & Send), revenue is recorded and Accounts Receivable increases.
3. The invoice now appears in reports such as Profit & Loss and Aged Receivables.
4. As payments are recorded, Accounts Receivable decreases and your cash/bank balance increases accordingly.

Revenue is recognized at Approval, not at the older "Issued" terminology used in some older documentation - Sumung uses Draft, Approved, Sent, Paid, Partially Paid, and Overdue as its actual statuses.

• How Sales Work
• How to Track Invoice Status
• How to See Revenue by Customer