Streamline Your Fundraising with a Virtual Invoice for NPOs

Virtual invoice for NPOs

hello welcome to another QuickBooks online tutorial my name is Enoch Garcia the founder of honest accounting group a business management and accounting firm and today we're going to talk about how to record donations or charitable contributions into QuickBooks Online number one we're gonna have to set up a vendor step two we're gonna create the expense or cheque and step three we're going to select the donations account or create one so we're going to go through every one of these three steps so let's jump into QuickBooks so like I said we had to create the vendor so let's go to expenses vendors new vendor and here we're gonna type in the name donations place 1 Inc you can fill in the address any other information you have available hit save once that's been created we go to the plus sign and we can create an expense or a check if you hand-wrote a check I suggest you use check if it was a debit card transaction I would use the expense completely up to you I'm gonna use the expense so here we go the nation's place one let's say it was today and it was with Visa Card and here's where we go to the selector create if you do not have a donations account you can just say add after you typed it in and expenses and select charitable contributions the name is giving donations saving close and you can type in what the nation was for or any information you want that's relevant enter the amount and you're good to go all you do is save and close and you've recorded it and if we go to the vendor table you'll see it right there now I hope this video was helpful if you liked it please give it a thumbs up and don't forget to subscribe we upload QuickBooks videos every week thank you