Friday, August 27, 2010

Recording Cash Donations in QuickBooks

On my previous article Donations to Charitable Institution in Quickbooks I mentions the different types of donations. For this article let me show you how to record cash donations in quickbooks.


First, create the Charitable Contribution account. see Setting up Chart of Accounts in Quickbooks


Second, Go to Banking then click Write Check from the drop down list, put the name of the Organization on the Payee, put the date and amount. On the Memo put the description or details about the donation.


Third, Enter on the Expense Tab the Charitable Contribution Account or Donations.


Lastly, Click save and new or save and close

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