How to Record Donation Entry?
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This discussion was created from comments split from: How to enter a general journal entry.
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I need to move $ from misc expense to account that it has been donated to without doubling income0
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reddingusbc said:I need to move $ from misc expense to account that it has been donated to without doubling income
If, for example, you wrote and mailed a check to the Red Cross and categorized as Misc. Expense, you can just simply change the transaction's category to Charity:Cash donations (or any category with a Schedule A:Cash charity contributions tax line item)
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WHY is the receiving account included in your Q data file? What type of account is it? A charity (which should be a Category, not an account) or what?
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