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View Full Version : Handling cash gifts in quickbooks

patleake
Mar 17, 2013, 04:10 PM
To record a cash gift which I received for over $1,000, what account debited when cash is credited? Do I create an income account titled "non taxable gift"?
paraclete
Mar 18, 2013, 05:01 PM
You could do that, make it an Other Income Item