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March 6, 2019
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Can you use accounts receivable to track pledges

  • March 6, 2019
  • 1 reply
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Best answer by Rustler

You can by issuing an invoice, but in QB an invoice is a final sale which impacts on your income

 

a pledge is a promise, nothing more, and IMO should be entered on an estimate.  Estimates are non posting so if it falls through, no impact on the financials

1 reply

Rustler
RustlerAnswer
March 6, 2019

You can by issuing an invoice, but in QB an invoice is a final sale which impacts on your income

 

a pledge is a promise, nothing more, and IMO should be entered on an estimate.  Estimates are non posting so if it falls through, no impact on the financials

paudawAuthor
March 8, 2019

Thank you