# Accounts receivable, or sales?

**URL:** <https://forum.manager.io/t/accounts-receivable-or-sales/34968>\
**Category:** Uncategorized\
**Created:** [May 15, 2021, 1:41pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968 "2021-05-15T13:41:08Z")\
**Posts on this page:** 8\
**Page:** 1

<div class="post-metadata">

**Author:** ![theengineeringocto](https://avatars.discourse-cdn.com/v4/letter/t/3bc359/32.png) [@theengineeringocto](https://forum.manager.io/u/theengineeringocto)\
**Post date:** [May 15, 2021, 1:41pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/1 "2021-05-15T13:41:09Z")

</div>

Hey there,

Sorry if this sounds super basic, I’m a new freelance engineer, and I’d like to know where I should “deposit” payments in manager io

My current flow is:

- Generate a quote for a customer
- Turn that into an invoice
- They pay me into a back account that I have listed in manager io
- I then generate a receipt from the invoice

For a few receipts, I have been using the account “Accounts receivable” but my overview in manager io doesn’t show income, only assets, which I don’t think is correct. I think I should get this correct now while I still only have \<10 receipts!

Should I use sales, instead? I’ve essentially sold my time.

On a side note, I’m aware that this is a basic accounting question, but I can’t find a good resource for learning this, does anyone have one? LinkedIn learning, youtube, something?

Thanks very much in advance!

---

<div class="post-metadata">

**Author:** ![AJD](https://avatars.discourse-cdn.com/v4/letter/a/a9adbd/32.png) [@AJD](https://forum.manager.io/u/AJD)\
**Post date:** [May 15, 2021, 2:00pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/2 "2021-05-15T14:00:34Z")

</div>

> [@theengineeringocto](#):
>
> Should I use sales, instead? I’ve essentially sold my time.

Yes, when creating a Sales invoice you should select an income account (in most cases).

Sales (income account) is built into every Manager file.

---

<div class="post-metadata">

**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [May 15, 2021, 2:04pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/3 "2021-05-15T14:04:19Z")

</div>

> [@theengineeringocto](#):
>
> I can’t find a good resource for learning this, does anyone have one?

Start here: [https://www.accountingcoach.com](https://www.accountingcoach.com).

Also read the Manager Guides. They provide many examples with illustrations from the program.

---

<div class="post-metadata">

**Author:** ![theengineeringocto](https://avatars.discourse-cdn.com/v4/letter/t/3bc359/32.png) [@theengineeringocto](https://forum.manager.io/u/theengineeringocto)\
**Post date:** [May 15, 2021, 2:26pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/4 "2021-05-15T14:26:34Z")

</div>

@AJD Thanks for clearing that up! I’ll change all the reciepts to “Sales” account.

@Tut Thanks for the link and the mention of the guides, I’ll be sure to check them out 🙂 !

---

<div class="post-metadata">

**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\
**Post date:** [May 15, 2021, 6:25pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/5 "2021-05-15T18:25:30Z")

</div>

Don’t change the receipts, change the invoices

---

<div class="post-metadata">

**Author:** ![theengineeringocto](https://avatars.discourse-cdn.com/v4/letter/t/3bc359/32.png) [@theengineeringocto](https://forum.manager.io/u/theengineeringocto)\
**Post date:** [May 16, 2021, 11:39am UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/6 "2021-05-16T11:39:50Z")

</div>

Okay that does add it to my profits, but do I need to change all the old receipts from “accounts receivable” to “sales” or no?

---

<div class="post-metadata">

**Author:** ![AJD](https://avatars.discourse-cdn.com/v4/letter/a/a9adbd/32.png) [@AJD](https://forum.manager.io/u/AJD)\
**Post date:** [May 16, 2021, 12:54pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/7 "2021-05-16T12:54:48Z")

</div>

If you have created a Sales invoice for a transaction, then the receipt for that transaction needs to be applied to that invoice via accounts receivable.

If you receive money for a transaction for which you have not created an invoice then a receipt can be created and directed to the sales account.

---

<div class="post-metadata">

**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [July 5, 2026, 8:21pm UTC](https://forum.manager.io/t/accounts-receivable-or-sales/34968/8 "2026-07-05T20:21:08Z")

</div>

Uncategorized topics older than 3 years with no recent activity