Revenue groups can be set against rental and sale products, services, and surcharges. They’re a way of categorizing income generated during the invoicing process.
If you’re using an accounting integration, your revenue groups can be mapped to your accounting integration for revenue tracking.
Head to System Setup > Revenue groups to add or change your revenue groups.
Four revenue groups are created for you when you sign up for Current RMS:
- Part Invoice Charges
You can’t delete these if they’re set as default, but you can make them inactive if you don’t want to use them.
Set your default revenue groups
Head to System Preferences to choose your default revenue groups, look for the “Revenue Groups” heading.
The default revenue groups are used when creating new rental or sale products, services, surcharges, or for the line added to part invoices.
In System Preferences, you can also set the default revenue group for new text items – see “Free Text Item Settings”.
Add new revenue groups
To add new revenue groups, go to System Setup > Revenue groups and click the green add revenue group button.
Enter a name for your revenue group.
Specify a description for your reference.
You’ll generally want to keep this to YES. Toggle to NO if you don’t wish to be able to use this revenue group.
Edit a revenue group
To edit a revenue group, find it in the list and click the blue arrow to the right of it and choose Edit from the menu.
Delete a revenue group
To delete a revenue group, find it in the list and click the blue arrow to the right of it and choose Delete from the menu.