Classifying Sales of Raffle Tickets for a Charity Donation
I run an e-commerce platform and we are running a charity raffle in which all of the proceeds will be donated. We are selling tickets on our website and prizes will be raffled off to the winners who have bought tickets.
How do I classify the sales of these virtual items (i.e. tickets) in QB when the money comes in as they will be turned around and paid in full to the charity organization when the raffle ends? Essentially they are not sales but almost a liability?