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    patleake's Avatar
    patleake Posts: 1, Reputation: 1
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    #1

    Mar 17, 2013, 04:10 PM
    Handling cash gifts in quickbooks
    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Mar 18, 2013, 05:01 PM
    You could do that, make it an Other Income Item

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