---
title: Recording trust income
description: How to record trust income in Connectworks 
---

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# Recording trust income

## How to record trust income in Connectworks

This article describes how to record trust income.

In the context of recording trust income, these transactions are recorded against an [income account](https://support.connectworks.com/5681223-managing-trust-ledger-accounts?hsLang=en). This income account records all funds received from a particular source of income (for example, a rental property).

Note that non-income-related receipts of funds (such as tax refunds) can also be recorded using the [receive money](https://support.connectworks.com/5684497-pay-receive-money?hsLang=en) transaction type.

### How to record income

To record trust income, navigate to the trust’s Ledger and either:

1\. Select **Record income** from the **"I would like to..."** menu

OR

2\. Open the Chart of accounts, place a tick next to the income account you want to record the received funds against, and then click on the income button on the slide-out menu.

![](https://support.connectworks.com/hubfs/Knowledge%20Base%20Import/downloads.intercomcdn.comio410187859154e52dd586607b5de0fd7f5Ledger_record+income+-1.png)

 

In the form that opens, record:

- The source of income. You may either select an existing income account or create a new account to record the expenditure against.
- The date of the payment.
- The amount being paid.

You have the option to record the account the proceeds of the income went into. You can select from any existing account, or create a new account if required. If the funds have been received into multiple accounts you can split the proceeds across multiple accounts using the **Add** button (pictured below). Any amount that is unbalanced will be recorded against the [Suspense account](https://support.connectworks.com/5684516-reconcile-the-suspense-account-editing-account-movements?hsLang=en) for reconciliation later.

If desired add a descriptive title and any supporting notes.

Save the transaction by selecting the **Create** button in the top right.

![](https://support.connectworks.com/hubfs/Knowledge%20Base%20Import/downloads.intercomcdn.comio410187990d62a7bd4b1da4c7362393940Ledger_Record+receipt+of+income-1.png)

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