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April 5, 2022
Question

How to record an etransfer for a sponsorship invoice?

  • April 5, 2022
  • 1 reply
  • 0 views
An invoice was created for an organization that donates to us as a sponsorship. They e transferred the funds to our account. How to I record that in QB online?

1 reply

April 5, 2022

Hi JazzBooks,

 

Thanks for reaching out here.  Tracking funds received as donations can be done seamlessly in QuickBooks Online.  I'll be happy to provide more information so you're able to reach your QuickBooks goals!

 

When you receive the donation you can track it a s a sales receipt or deposit.  Initially, you'll need to set up an income account in your chart of accounts for tracking the funds received.  Here's a helpful guide to assist with tracking funds received from donors.

 

Please feel free to reach back out with any other questions you may have.  We'd be glad to help!