How to Record Donation Entry?

This discussion was created from comments split from: How to enter a general journal entry.

Comments

  • reddingusbc
    reddingusbc Member
    I need to move $ from misc expense to account that it has been donated to without doubling income
  • UKR
    UKR SuperUser ✭✭✭✭✭
    edited October 4
    I need to move $ from misc expense to account that it has been donated to without doubling income
    What kind of transaction do you currently have in Quicken for this donation transaction? Can you show us an image snapshot?
    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)
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    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?
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP