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Income Section Overview

Understand the key components of Artwork Archive's Income section, including Revenue/Expenses, Sales/Donations, and Invoices

Updated over a week ago

The Income section in Artwork Archive is a versatile tool designed to help artists and organizations manage their art-related finances all in one place. This guide will help you navigate the key features of the Income section.


Income — Revenue and Expenses

Note:

Expense Tracking is only available for Artist Professional, Master, and all Organization accounts. Learn more about the different account types here.

This feature allows you to:

  • Record various types of income and expenses

  • Categorize transactions for easy tracking

  • Associate expenses with specific artworks or contacts

  • Generate Income & Expense reports


More with the Sales Pipeline

  1. Regular updates: Make it a habit to log your transactions regularly for accurate record-keeping.

  2. Use categories: Consistently categorize your income and expenses for easier reporting and analysis.

  3. Link to artworks: When possible, associate expenses with specific artworks to track the true cost of each piece.

  4. Customize invoices: Take time to set up your invoice template with your branding for a professional look.

  5. Explore reports: Familiarize yourself with the various reports available to gain insights into your financial activities.

Remember, while Artwork Archive provides these tools for financial management, it's always recommended to consult with a professional accountant for specific tax or financial advice.

For more detailed information on specific features or workflows, please refer to our other help documents or contact our support team.

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