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Counterpart-Contribution (NFP)
A nonprofit client is asking about how to properly document a "counterpart-contribution" in NetSuite. Here's how it may go:
- Constituent provides funding to the org (i.e. donation or grant)
- Org then matches a portion (or whole) of the funding either monetarily or in-kind (e.g. venue, services, etc.)
What's the best practice for this scenario and which transaction type should be used?
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