Hi. I am new to setting up my business through Express Accounts having just moved from Quickbooks (an old version). When I create my own or use the default chart of accounts, I find the same problem. I set up a customer and create an invoice for them. Within the invoice I created an item for "Tuition Fees". When I go back into the Chart Of Accounts, everything looks good. Under journal, the general sales account shows a credit and the accounts receivable shows a debit for the same amount. This is exactly what I expected however, if I look at the income statement, it declares the unpaid invoice amount as total income as well as net profit. Why is this? Even if I input the customer as having made a partial payment, the income statement still declares the whole invoiced amount as total income. I would expect to see it as an Asset but surely not all income. Any suggestions?