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We're a non profit & trying to record gifts in kind. Cannot find Income as account type when creating non-profit income. Help directions say to use Income as account type, but it does not exist. Can you help?
Thanks for visiting the Community today. I'm here to help you record an in-kind donation in QuickBooks Online (QBO).
To achieve this, you'll need to set up an income and clearing account for charitable contributions. Then, create a product or service item for the donations.
After that, create a clearing account:
Then, create a product or service item:
For further insights about these processes, you can check out this article: Set up and record in-kind donations.
For future reference, read through this resource to learn more about tracking donations in QuickBooks Online.
Feel free to message again if you have additional concerns about anything else. Take care always.
Hi I think you tagged the wrong user there! :) just mentioning so the original poster doesn't miss it if they're aren't notified.
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