Create a clearing accountThe next step in setting up the ability to record in-kind donations is to set up a clearing account for such donations.Select Accounting from the left menu, then Chart of Accounts.Select New.In the Account dialog, select Bank from the Account Type drop-down list.From the Detail Type drop-down list, select Chequing.Enter a Name (for example, In-Kind Clearing) for the account.Select Save and Close.

Question

Can you clarify this process for desktop? Clearing account....

Create a clearing account

The next step in setting up the ability to record in-kind donations is to set up a clearing account for such donations.

Select Accounting from the left menu, then Chart of Accounts.
Select New.
In the Account dialog, select Bank from the Account Type drop-down list.
From the Detail Type drop-down list, select Chequing.
Enter a Name (for example, In-Kind Clearing) for the account.
Select Save and Close.