To comply with the special accounting standards for churches, tithes and offerings collected from church members should be allocated to separate accounts according to how the donors intend for the money to be used. Many churches establish different funds, such as a general fund, a building fund and a missionary fund, that are either unrestricted, temporarily restricted or restricted. To use QuickBooks to enter tithes and offerings, enable the class tracking feature and create a class for each fund. As you receive tithes and offerings, record the donor and allocate the donation to one or more funds. Tips Writer Bio
