QuickBooks supports recording two main sorts of donations to an LLC: non-cash donations employing a sales receipt with a journal entry, and cash-based donations using the register.
Most non-profit organizations believe gifts from other businesses and therefore the public at large to realize their goals. These are available the shape of both tangible property and private services (collectively nonfinancial gifts), which are mentioned as in-kind contributions. Recording these non-cash gifts allows a nonprofit organization to accurately present the kinds and value of contributions it receives to support its mission. albeit in-kind gifts are a serious source of support for several nonprofits, recording and reporting them properly can present some unique challenges
