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Old 04-27-2016, 07:26 PM
markjacobs1 markjacobs1 is offline
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Recording Expenses Paid by a Contributor

Occasionally, I use my personal credit card to pay for our non profit's expenses. Should these be recorded as in kind contributions or cash contributions? How should I record these in QuickBooks? I have been using journal entries since no cash is involved, but then they don't show up as contributions when I run my contributor reports.
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Old 04-28-2016, 05:16 AM
Rustler Rustler is offline
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Treat it just as you would any other donation, receive it using a sales receipt, deposit to a cash bank account and immediately pay the expense from the cash bank account
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Old 04-28-2016, 07:19 AM
markjacobs1 markjacobs1 is offline
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Thanks for the response! Is there another way to record the transaction without running it through the cash bank account since cash was never deposited?
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Old 04-29-2016, 05:21 AM
Rustler Rustler is offline
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you can create a dummy bank account called clearing and use that.
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