• laurel

    June 1, 2023 at 12:45 pm

    Hi Joseph,

    Our organization works in Salesforce and QBO as well. We revamped our income chart of accounts this year to be scale down on types of income (i.e. Board of Directors giving, etc) and more uniform in individuals vs. small family foundations vs. foundation/trust grants vs. corp/business, etc.

    For DAFs, we almost 100% of the time code these to individual or major gifts income accounts. As DAFs are donor-advised funds, it is an individual who is either recommending or requesting for this donation, so that is how we categorize it.

    In Salesforce, we’ve created a custom dropdown field in addition to payment method that lists all the DAF companies that most of our donations come from – this way we can identify the check to the donor. We also have added class coding to Salesforce, so if a donation comes in for a specific campaign, we code it that way. This coding flows nicely into QBO.

    I hope this is helpful to you. Happy to discuss further if you need additional support.