As an accrual basis organization, your revenue is based off of what you are owed, not what you have been paid. Therefore, accrual-based organizations in PayHOA record revenue automatically from invoices sent to homeowners in PayHOA, not from cash deposits on the transaction tab. If you have revenue that originates from a source other than an invoice in PayHOA all you need to do is check a box labeled "Outside Revenue" on the transaction detail. For transactions that you add manually you can do this when you’re creating the transaction!
Go to Transactions
2. Go to Blue Actions> Add Transaction
3. Click Outside Revenue box> Save
You can also easily do this when you categorize and review transactions that were pulled in from your bank!
A common example of when you would need to designate something as outside revenue is when you need to record interest income on your bank accounts. Since this income comes from a source outside of PayHOA invoices, when you record or categorize that transaction, you’ll need to select the checkbox for Outside Revenue.