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QuickBooks Products Use the Right Income Account

Jessica avatar
Shared by Jessica •

Hi there,

Products sent to QuickBooks Online now land in the correct income account, keeping your rental and sales revenue properly separated.

What's New:

• Rental products use your Rental income account, and sale products use your Sale income account.

• If one of those accounts is not set, the default income account is used instead.

• The same rule applies when a product is first created in QuickBooks and when an invoice sync updates it.

• Updating a product's income account no longer rewrites the account on past QuickBooks transactions, so closed periods stay unchanged.

How It Works:

• Your income account choices from the QuickBooks settings page are applied automatically during sync.

• No action is needed; your next invoice sync uses the corrected accounts.

Benefits:

• Accurate rental vs. sales revenue in your QuickBooks reports.

• Historical transactions stay exactly as you booked them.

• Less clean-up work for your accountant.

If you have any questions, please reach out to our team through the chat or by emailing [email protected].