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director18
July 30, 2020
Question

How do i record a donation in quickbooks

  • July 30, 2020
  • 2 replies
  • 0 views
Original commenter did not share additional details

2 replies

G
gayatriluthfias20
July 30, 2020

Hi @director18  , thank you for joining quickbooks community. To record donation, you could make up a donation charts of account. Here the steps:

  1. Go to Settings ⚙.
  2. Select Chart of Accounts.
  3. Select New.
  4. In the Account dialog, select Expenses from the Account Type drop-down list.
  5. Select Charitable Contributions from the Detail Type drop-down list.
  6. Enter a Name for the account (for example, Charitable Contributions).
  7. Select Save and Close.

I'll give you the article about recording donation in QBO . Comment back, cheers.

W
wenhen91
October 16, 2021

If I have been given a donation/gift of equipment, how do I record that?

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ShiellaGraceA
October 16, 2021

Thanks for joining us here, @wenhen91.

 

I'll share the steps on how you can record a donation in QuickBooks. You'll have to set up an in-kind donation for the equipment.

 

Here's how:

  1. Create an income account.
  2. Create a clearing account.
  3. Create a product or service item.

 

Once you're done with the setup, you're now ready to record the in-kind donation. For in-depth instruction, refer to this guide: Set up and record in-kind donations.

 

Additionally, here's a link that covers all the tasks you can do when using the customer feature in QuickBooks: Topics about your company's income and customers.

 

Please let me know if you have follow-up questions or concerns with donations. I'll be around for you. Take care and stay safe.

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AGDustin
November 3, 2022

Hello,

 

Ive had no luck finding the answer to this question and maybe its obvious, but what sales tax option should I select for a cash charitable donation.

 

Thanks

Adrian_A
Adrian_A
November 3, 2022

Hi there, AGDustin.

 

I want to ensure that your tax recording is accurate.

 

When it comes to assigning taxes, I'd suggest reaching out to your accountant so they can guide you on the best type to select. This way, your accounting is recorded correctly.

 

I've added this reference as your guide in setting up a charitable donation: How to record donations or charitable contributions.

 

You can check this reference for more information about filing taxes: Set up and file taxes.

 

You can always get back to this thread whenever help is needed.

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userk-sweeney
March 23, 2023

I have a client that we did work for and billed but deducted a donation from the final bill.  For example: 

Invoice Total $5,000

Deduct Donation of $1000 from invoice

They paid us $4000.

 

How do I enter that donation?

 

Thank you.

 

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