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farmgirlkent69
May 20, 2020 7:43 AM UTC
Solved

Gift Purchases

Morning. I have purchased a number of gifts for employees who are leaving but i am unsure how to record this.  I want to be able to see that these were gifts and not normal purchases.  Is there a code I should be using and how do I set this up.  Many thanks for your help. 

Ashleigh1Answer
May 20, 2020 10:50 AM UTC

Hello Farmgirlkent69, 

 

What you can do to record these gifts in Quickbooks is to go to 

 

The account tab on left-hand side>chart of accounts> new top right> account type would be expense>detail type - you would select whichever best fits so it would go as entertainment the gifts, for example,> name- can be whatever you would like it to be so for example gifts. 

 

Then you would go to plus new icon- select expense and create the expense and select the category as what you have just created in the chart of accounts. 

 

 

 

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8 replies

Ashleigh1Answer
May 20, 2020 10:50 AM UTC

Hello Farmgirlkent69, 

 

What you can do to record these gifts in Quickbooks is to go to 

 

The account tab on left-hand side>chart of accounts> new top right> account type would be expense>detail type - you would select whichever best fits so it would go as entertainment the gifts, for example,> name- can be whatever you would like it to be so for example gifts. 

 

Then you would go to plus new icon- select expense and create the expense and select the category as what you have just created in the chart of accounts. 

 

 

 

    farmgirlkent69Author
    May 21, 2020 11:29 AM UTC

    Thanks for the info.  Easy when you know how and all done. 

    Becky29
    May 21, 2020 11:41 AM UTC

    You're Welcome farmgirlkent69, Anything else don't hesitate to ask 😊

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