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Dec 9, 2021 4:09 PM UTC
Question

Non-profit organization, ending the fiscal year with net revenue. What is the preferred way or typically way to move some of this revenue to a restricted account?

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2 replies

Candice C
Dec 9, 2021 4:50 PM UTC

Greetings, @johnv15. 

 

Welcome to the Community. I appreciate you coming here with your question about revenue. 

 

Based on the details you gave, I recommend consulting with your accountant to be sure on how to move this revenue properly. They'll be able to give you the best advice for your business. 

 

Once you talk with your accountant and figure the details out, you can come back to us to help you enter this into QuickBooks Online. We looking forward to chatting with your again soon! 

johnv15Author
Dec 9, 2021 8:33 PM UTC

Thanks Candice. I was hoping that someone else may have already done that, and would be willing to share and report back how they handled it.