Selling products ? You've come to the right place !
Selling merchandise is part of selling (tangible) products 📦. It is to be contrasted with the sale of services (intangible, linked to human performance). What's important is to track the margin achieved between revenues and merchandise expenses (which is why there's a merchandise purchase category within expenses). For example, if you're an IT consultant and you also sell hardware.
Do you sell a car or a building belonging to your business ? Please note that this category refers to the recurring sale of goods (not capitalized). And not, as here, a rarer operation that corresponds to the sale of fixed assets.
💡 Use this category when you have income from products (in the "purchase of merchandise" category). This makes it easy to track your margin on these sales.