Revenue Account is an account which includes cash or receivables received by your company for the sale of goods or services.
Select the account type from the drop-down menu where you want to account for your Revenue for the sales.
Xero uses income accounts to categorize the cash in flow of your company. The balance in the appropriate income account appreciates by the value of the product(s)
sold each time a new invoice or sales receipt is created.
Note: This account is only used while creating new Products. You can freely change the Income Account manually. After creation, the Product accounts cannot be updated.