[GNC] How To Record an In-Kind Charitable Donation?

[Rich Shepard]

On Sat, 30 Jun 2018, Mike or Penny Novack wrote:

> The proper way is the way your tax lawyer/accountant tells you to. Once THAT 
> has been settled, we can then tell you "how in gnucash".

   FWIW, I make non-cash donations to Goodwill several times each year. What
I did (and my accountant confirmed is appropriate, at least for Oregon and
the feds) is set up two accounts: an asset account, 'Goodwill,' and an
expense account, 'Donations (non-cash).' If I donate time and effort to a
non-profit other than Goodwill I'll add another asset account and use that
to offset the non-cash donation.

Regards,

Rich