Invoices vs Revenues

There are two types of sales within Akaunting: Invoices and Revenues.

TL;DR

Invoice is a planned and itemized document, Revenue is an instant and simple income.

Invoices

Invoice is a document sent to your customer that indicates the items sold by you. It is generally not paid yet. You should use invoices if you work with tax.

Revenues

Revenue is a paid income transaction. It can be an independent record (i.e. deposit) or attached to an invoice. There are no items within the revenues. Tax is not applicable.