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everythingtreestn
Level 1

How do you catergorize donations within Quickbooks?

I've been donating to 8 Billion Trees for a few years now but Quickbooks doesn't have an option to categorize donations. What would be the next step?

1 Comment 1
CamelleT
QuickBooks Team

How do you catergorize donations within Quickbooks?

Your mission to make a positive impact on our environment is highly appreciated, Everythingtrees. It's crucial to ensure that your contributions are properly categorized. Let me discuss the specifics below.
 

To begin with, donations are categorized as an expense in QuickBooks Online (QBO) , specifically under Charitable Contributions. However, if you're using QuickBooks Self Employed (QBSE), it's important to note that QBSE doesn't include this type of donation as other expense based on Schedule C. Therefore, I recommend consulting with your accountant for further guidance on how to effectively track these donations. 

Additionally, I'll share this article to learn more about Schedule C categories and how they appear on your financial reports: Schedule C and expense categories in QuickBooks Self-Employed.

If you have other questions about managing donations or transactions, feel free to comment below. We'll be here to provide assistance. 

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