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Jovychris_A
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Thanks for your prompt response, and I appreciate you for showing us further references, @Waples.

 

I want to share insights about how to record donated services in a non-profit corp. My peer, @JenoP, provided you with the sales receipt as an answer to account for the received equipment.

 

And yes, you're correct. When recording in-kind donations (donation of assets), you'll need to create a bill for that.

For more details and to see the process, I encourage you to check this article: Recording in-kind donations received.

 

Moreover, it would be best to check with your accountant for professional advice to make sure you've accounted for the transactions accurately. You can also find a ProAdvisor near your place.

 

Let me know if you need more clarifications about recording donated services in QuickBooks Desktop Premier or other concerns using the system. I'm grateful to help. Stay safe, and have a great weekend!

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