Val28
Level 1

Banking

Hello! I manage finances for a charity and am converting our finances to Quickbooks.

 

How do I enter income and expenses for a different financial year for transactions that have been imported from my bank?

 

For example, all of the donations we received in Dec through a certain platform were deposited into our account in early Jan, So I want that income to be part of our 2021 accounts.

 

We also have some expenses in Jan that should be in our 2021 account - for example, invoices we paid in early Jan for work done in Dec. How do I designate these expenses for 2021?