cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Get unlimited expert tax help and powerful accounting in one place. Check out QuickBooks Online + Live Expert Tax.
paudaw
Level 2

Can you use accounts receivable to track pledges

 
Solved
Best answer March 06, 2019

Best Answers
Rustler
Level 15

Can you use accounts receivable to track pledges

You can by issuing an invoice, but in QB an invoice is a final sale which impacts on your income

 

a pledge is a promise, nothing more, and IMO should be entered on an estimate.  Estimates are non posting so if it falls through, no impact on the financials

View solution in original post

2 Comments 2
Rustler
Level 15

Can you use accounts receivable to track pledges

You can by issuing an invoice, but in QB an invoice is a final sale which impacts on your income

 

a pledge is a promise, nothing more, and IMO should be entered on an estimate.  Estimates are non posting so if it falls through, no impact on the financials

paudaw
Level 2

Can you use accounts receivable to track pledges

Thank you

Get answers fast!
Log in and ask our experts your toughest QuickBooks questions today.

Need to get in touch?

Contact us