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mikelu9661
Level 3

Giveaway Winnings

        How should I handle money I won from like giveaway & such to a bank feeds deposit, most likely a one time or rare situation.

1 Comment 1
Adrian_A
Moderator

Giveaway Winnings

We can record them as your income, mikelu9661.

 

The money that you won is considered as an income transaction. That said, we can record it either as Sales Receipt or Invoice.

 

However, it would be best to reach out to your accountant. They're the best support that can decide on what type of transaction is appropriate for this.

 

I've added these articles on how to record a Sales Receipt or Invoice:

 

 

You always have me if there's anything else that I can help. Stay safe!

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