Search found 3 matches
- Wed Sep 26, 2012 11:42 am
- Forum: Accounting
- Topic: Accounting for donations toward medical expenses
- Replies: 8
- Views: 5869
Re: Accounting for donations toward medical expenses
That looks like it will do the trick. Thank you for your help! I'll followup on whether or not the donations are tax deductible...
- Tue Sep 25, 2012 4:13 pm
- Forum: Accounting
- Topic: Accounting for donations toward medical expenses
- Replies: 8
- Views: 5869
Re: Accounting for donations toward medical expenses
Donations received by the church will go directly into the member's health savings account; that way the funds are out of the member's hands. They can only access them through their health savings account. If I set this up as a donor restriction within my accounting fund, contributions to a donor re...
- Tue Sep 25, 2012 1:31 pm
- Forum: Accounting
- Topic: Accounting for donations toward medical expenses
- Replies: 8
- Views: 5869
Accounting for donations toward medical expenses
Our church would like to collect donations from individuals who would like to contribute toward a church member's medical expenses for cancer treatment. I am unsure as to the best way to set this up for accounting purposes. I currently use only one accounting fund (a general fund) and one checking a...