recieve cash donations


M

monica_frazier

How would I set up to recieve cash donations. I don't have an invoice to pay
to because they never bought anything. Most of the time I don't even have a
customer name to associate a credit recieved payment. But I do need to
deposit these monies in the main account.
 
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M

monica_frazier

Yes!

We are a non profit organization. I use invoices to keep memberships up to
date and I use jobs to gather ongoing data re each of our program services.
But sometimes I need to just deposit money (cash or check) that was donated
with no goods or services recieved in exchange.

I could create a customer called Donation but still not sure how to get
money applied into bank account under proper catorgy without having a invoice
or sales order to apply it to?
 
D

DL

Charity / None Profit organisations usually have a different accounting
requirement to that used in the default Chart of Accounts & P&L / Balance
sheet reports handled by sba - at least on this side of the pond
Maybe you could select a Deposit of type Financial to whichever Account &
enter brief details in the Reference
 
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C

CPA Hound

The invoice grid has a drop-down to choose a financial account instead of an
item - click on the yellow icon on the far left of any given grid line of a
invoice and select finanical account and then choose the account that you
want the funds to go to - according to how you are keeping your non-profit
accounting. You may also want to utilize classes to use the same accounts
but create a different class for different charitable purposes to track.
Unfortunately the reporting mechanism does not help you to track in the
balance sheet but your profit and loss reporting can report by class - look
at classes in the F1 help product documentation.
 

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