I am running Quicken 2001 but I have just upgraded to 2007 and I can't figure it out in either. I donated $1642.25 of consulting time to a non-profit organization and I made up an invoice and gave it to them and they gave me a donation receipt. How do I post this receipt to zero out my Quicken invoice? Technically I didn't receive any cash from them so if I posted it as cash received then donated back as cash it would up my gross receipts on the year so that can't be correct. Also, I don't believe I can void out their invoice and then claim the deduction because it wasn't a cash donation. How do I account for the donation when it is time/expertise?
Thanks, Jess