Tulotili

Tulotili is a Finnish term meaning "income account." In Finnish finance the term is used in two main contexts: banking and accounting.

In banking, tulotili refers to a current account designated to receive a person’s regular income, such as wages, government benefits, or pension payments. Employers and payment authorities can deposit salaries directly into the tulotili. The account is typically linked to online banking, debit cards, and automatic transfers; many banks offer services tailored to salary customers, such as fee waivers or easier transfers to savings accounts. The tulotili is often the primary personal account for employed individuals, although customers may hold other accounts as well.

In accounting, tulotili denotes an income or revenue account used in the chart of accounts to classify and record business income. Revenue earned from sales of goods or services is posted to the tulotili as a credit, reflecting an increase in income. Companies may subdivide tulotili into more detailed accounts by product, customer, or business segment for reporting and tax purposes. The specific naming and numbering of tulotili follows the organization’s accounting framework and local regulations.

Overall, tulotili encompasses both the practical banking choice for where income is deposited and the theoretical accounting concept used to track revenue.