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Mar 6, 2019 10:26 PM UTC
Solved

Can you use accounts receivable to track pledges

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Rustler
RustlerAnswer
Mar 6, 2019 10:34 PM UTC

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

2 replies

Rustler
RustlerAnswer
Mar 6, 2019 10:34 PM UTC

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
Mar 8, 2019 2:43 PM UTC

Thank you