Discussions
Journal Entry...and Entering of Bills and Expenses.
Hi,
I am new to doing accounting Practically , Though i have theoritical Knowledge and I might be wrong in doing Journal Entries too. I am doing journal entries for a non-profit org for the first time and also making entries for receiving donations. I did one entry as Cash I am not sure , if it Donation Revenue
is correct or should I put it as Cash ,as the donations are received in form of
Sale
Credit Card Transactions. And Secondly, if an employee is expensing and producing bills , I enter it using Enter Bills option for Entering any invoices received by Vendors. but if an employee is producing Safeway and Costco recipts for purchasing Food for thr organization, then which opton do I use, should I use Enter Bill option or should i use Enter Expense Report option . Please Help Me.