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Rainflurry
Level 15

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@BoosterMom 

 

You can't record these as liabilities if they aren't legally restricted funds.  When you receive funds that are not legally restricted funds, they should be recorded as income, not a liability.  You can, however, earmark them by creating separate sub-accounts under your bank account to show how they are allocated and then deposit/transfer them into their respective sub-account in QB. 

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