E-commerce
Digital Product / Download Sale
Recording a sale of a digital product (e-book, preset, template) with instant delivery.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Stripe | Asset (+) | 29.00 | - |
| Digital Product Revenue | Revenue (+) | - | 29.00 |
💡 Accountant's Note
Digital products have no COGS in the traditional sense — no inventory is consumed. Revenue is recognized immediately at point of sale since delivery is instant and the performance obligation is fully satisfied.
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Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.