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Hi there, userryan-jarvis.
Thank you for posting here in QuickBooks Community. I'll provide different steps on how you can record incoming donations in the QuickBooks account.
Once you have a Paypal Bank account, I'd suggest recording the incoming donation as a bank deposit. Then, post it into your Paypal or Donation account.
Here's how:
However, if you don't have a Paypal account, you can manually enter bank deposit to record the incoming donations. Then, use the Undeposited funds. To see additional information about how bank deposit works in QBO, you can refer to this article: Record and make bank deposits in QuickBooks Online.
You can also click this article to see different details on how to track fund donations you receive via credit card, bank transfer, or as cash in QuickBooks Online: Track funds you receive from donors in QuickBooks Online.
Please refer to this article on how you can use different reports and projections to get a clear look at your current and future business's finances: Track your cash flow in QuickBooks Online.
Please let me know if you need clarification about this, or there's anything else I can do for you. I'll be standing by for your response. Have a great day.
Hi there, userryan-jarvis.
Thank you for posting here in QuickBooks Community. I'll provide different steps on how you can record incoming donations in the QuickBooks account.
Once you have a Paypal Bank account, I'd suggest recording the incoming donation as a bank deposit. Then, post it into your Paypal or Donation account.
Here's how:
However, if you don't have a Paypal account, you can manually enter bank deposit to record the incoming donations. Then, use the Undeposited funds. To see additional information about how bank deposit works in QBO, you can refer to this article: Record and make bank deposits in QuickBooks Online.
You can also click this article to see different details on how to track fund donations you receive via credit card, bank transfer, or as cash in QuickBooks Online: Track funds you receive from donors in QuickBooks Online.
Please refer to this article on how you can use different reports and projections to get a clear look at your current and future business's finances: Track your cash flow in QuickBooks Online.
Please let me know if you need clarification about this, or there's anything else I can do for you. I'll be standing by for your response. Have a great day.
As an additional option, you may utilize this connector to reconcile your PayPal transaction easily.
https:// synder.grsm.io/quickbooks
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