How to Set Record In Kind Donations QuickBooks?

Paul Bryant05 Sep, 2023Finance

Properly tracking and accounting for in-kind donations is essential for any organization using QuickBooks. By following the steps outlined above, you can ensure that these generous contributions are accurately recorded and reflected in your financial records. Remember how to record in-kind donations in QuickBooks accounts, create donation items specific to each type of in-kind contribution, and record the donations using either a sales receipt or an invoice. Be sure to include detailed descriptions, quantities, values, and any necessary tax information.