Non-donation revenue

ReneeThatcherReneeThatcher Posts: 1
Conversation Starter
edited October 2022 in Finance & Operations

We have a local Art Center who is a supporting organization of ours. We currently use QuickBooks for them but would like to bring them into Foundant. They receive a considerable amount of revenue that is not donations. Currently, we only receive a small number of non-donation funds and we record them with a voucher. This works fine, but I'm curious is anyone receives revenue that is not a donation and how they handle it.

Comments

  • MarshaStraussMarshaStrauss Posts: 82 ✭✭✭
    First Answer First Compass Anniversary Name Dropper 5 Up Votes
    edited October 2022

    @HollySpitz Yep, that's what we do, I enter the payment and note that it was a player fee at a tournament for example, and we have an account subcategory of event income or something like that.

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