How to track incoming Gift Cards for a 501c3 and purchase canteen items (edit)
Our 501c3 has received gift cards to assist in purchasing canteen items for sale. I set up a category for non-cash donations, but can’t figure how to access that category to enter transactions. The only accounts listed on the left are the bank accounts and savings goals.
Comments
-
I'd think that a non-cash donation belongs in an OFFLINE account … not a category. See if that helps with your situation.
The category for such donations would be whatever you use for other donations .. but you could also set up a new category
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
you mixed terms in your last sentences…
Accounts - setup in Quicken to mirror your real world accounts at Banks, etc
Category - setup in Quicken, like a bookeeping file folder, so you can "report" on various "categories" as income or expenses
you can see all yours setup —> Tools —> Category ListSo - you have a Gift Card coming in - how would you like to handle and track that - ? just thinking out loud here….
You could treat it like an offline credit card
and manually track and enter your "gift card deposits" into that account,
and then later on, enter your purchases using those cards,
since there is really no online transactions being created.0