How to report Hosted Events for nonprofit in QBO

It’s good to see you here, @RosaGC.

You’re correct about creating an account and naming it Hosted events. That way, you can easily categorize and track them. Creating an account for these transactions will be easy and I’ll guide you on how. But before anything else, I’d recommend you consult your accountant regarding the account creation:

1. Go to the Gear icon and select Chart of Accounts.
2. Press the New button to create an account and enter the Name of the account. Then, select the Account Type and a Detail Type.
3. Afterward, enter the Opening Balance in the balance field and determine the as-of-date.
4. Once done, select Save and Close.

When entering the donations to your company, you will have the option to add the mode of payment based on how your donors provide the funds. That option will assist you in identifying which transactions are paid via check, PayPal, or in cash.

Moreover, you can also utilize the class tracking transactions to assign classes to those entries, and have a clear picture of each segment’s financial health: Turn on class tracking in QuickBooks Online.

Feel free to add your comment if you have further follow-up questions about entering your transactions in QBO. Have a great day!

Thank you so much for the explanation. it was very helpful!

You're always welcome, @RosaGC.

I'm delighted to know that my colleague, @RoseJillB, was able to provide a solution for reporting Hosted Events for non-profits in QuickBooks Online.

Having you here in the Community forum is greatly appreciated. We always have your back if you need further assistance with any QuickBooks-related concerns. We're available 24/7. Have a prosperous year with QuickBooks.