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December 9, 2021
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?

  • December 9, 2021
  • 1 reply
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1 reply

Candice C
December 9, 2021

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
December 9, 2021

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.