How to Record Donation Entry?

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

Comments

  • I need to move $ from misc expense to account that it has been donated to without doubling income
  • UKR
    UKR SuperUser ✭✭✭✭✭
    edited October 2021
    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 ✭✭✭✭✭
    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 February, 1990. DOS Version 4
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    Retired "Certified Information Systems Auditor" & Bank Audit VP