Revenue Account Classes
The revenues account group refers to money earned by the company.
Each account
group in Sage 50 Accounting can be further divided into account classes.
| Account Class | Description |
|---|---|
| Revenue | A generic revenue account that covers all revenues. |
| Operating Revenue | Revenue earned as part of the company's regular business. |
| Non-Operating Revenue | Revenue earned outside of the regular operation of a business. |
| Farming Revenue | Revenue earned as a part of farming. |
| Other Revenue | Any revenue that does not fit into any of the above categories. |
| Gain | Amounts gained from the sale of a fixed asset that results in a profit, such as the sale of a building. |
| Extraordinary Gain | Amounts gained from activities over which the business has no control. |