Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
JSTreasurer19
Level 2

Contra Accounts - Non-Profit

Hi QB Community,

We run a non-profit.  Currently we have our P&L setup to show our Fundraising Income, and then each fundraiser we run as a sub account of "Fundraising Income".  Then under Expenses, we have the same setup.  "Fundraising Expenses" and each fundraiser /expense is a sub account of that.

We would like to set it up to show the net amount; and not make the board do the math themselves.  Is this possible?  If so, how do we set it up?

Need to get in touch?

Contact us