Direct and Indirect Income in Tally Prime

 

Income

When we sell goods in the market then we get money. Whatever money is left

after deducting the expenses from this money, we call it income.

There are two types of Income.

Direct Income

The main income of the business and the income that we get from selling the

 goods are called direct income.

Example-

Sale

Service

Indirect Income

Indirect income is the income that is received in addition to selling goods or

selling services.

Example-

Discount Received

Commission Received

Rent Received

Interest Received