Non-Profit Donations
Jean-David Beyer
jeandavid8 at verizon.net
Wed Apr 28 08:31:34 EDT 2010
Pablo Francesca wrote:
> What account type is your Donations account?
If this is a reply to me,
I should have called it "Gifts Received" and it is an Income account.
(We also have a Donations account, but that is Expense and is for
donations we make to other worthy causes.)
> If it is an asset type, I'm
> not following your organizing method. If its an income type, it seems
> like your saying you have income accounts for donors and income accounts
> by donation type.
No. Income almost always goes into an Asset account; i.e., checking
account, although rarely it goes direct to an expense account.
> That seems even odder. Another possibility is that
> you have income sub accounts under each income donor account. Is that
> what you are doing?
No. For gifts received, they are all under Income.
>
> This would certainly allow for accurate donor reporting, but then it
> would seem to break reporting by donation type. If this what you're
> doing, then I guess you would have export all the data an manipulate it
> in a spreadsheet. I was trying to avoid that.
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