Income

Meaning

When you run a business or work as a freelancer or sole trader, income is the term for what you earn from selling your products and services.

Key points

• Income appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, income is used to keep invoice and payment operations structured and auditable.