---
schema_version: "1"
id: a39d3ba1f07c4cb302c8bcd6d9bc832f370c480906a5982eaf225bd816c02424
title: Revenues and Expenses
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/sfdo/264-0-0/asl_revenues_expenses.md
canonical_url: https://help.salesforce.com/s/articleView?id=sfdo.asl_revenues_expenses.htm&release=264.0.0&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 69d76617a4f4a884b9e410bcbae6ba8653a96a76db3a48741bf0286098632ff5
description: After the Accounting Subledger job runs, it generates debit and credit entries differently for revenues and expenses.
products:
  - Education
  - Cross Cloud
release: "264"
---
# Revenues and Expenses

After the Accounting Subledger job runs, it generates debit and credit entries differently for revenues and expenses.

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small " summary="REQUIRED EDITIONS"><caption>REQUIRED EDITIONS</caption> <colgroup><col style="width:100%"></colgroup><tbody><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: Lightning Experience</td></tr><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: <strong>Enterprise</strong>, <strong>Performance</strong>, <strong>Unlimited</strong>, and <strong>Developer</strong> Editions with Accounting Subledger</td></tr></tbody></table>

When creating accounting sets, always verify the type—revenue or expense—with your accounting team. Just as the transactions related to revenue and expenses are different, so are the debits and credits that we generate from them. Let's look at a few transaction journal records as examples.

## Revenues

If you select Revenue for an accounting set, a transaction of US$150 generates a debit of $150 to your asset account, and a credit of $150 to your revenue account.

    
| Date | Description | Account Type | Debit | Credit |
| --- | --- | --- | --- | --- |
| 5/15/2021 | Donation | Asset | $150 | — |
| 5/15/2021 | Donation | Revenue | — | $150 |
| — | — | — | $150 | $150 |

## Expenses

Conversely, if you select Expense for your accounting set, then that same transaction generates a credit of $150 to your asset account, and a debit of $150 to your expense account.

    
| Date | Description | Account Type | Debit | Credit |
| --- | --- | --- | --- | --- |
| 5/15/2021 | Donation | Asset | — | $150 |
| 5/15/2021 | Donation | Expense | $150 | — |
| — | — | — | $150 | $150 |

We recommend that you don't change an existing accounting set's record type after you generate transaction journal records. Instead, inactivate the existing accounting set and create another set with the correct type.