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  1. 19-Jun-17, 10:01 AM #1
    Simbonile
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    NPO - Recognition of Donation (Computers)

    Good day team
    I’m dealing with a Not for Profit Organisation (NPO). The NPO had computers donated to it about a year ago. No documentation has been maintained. I would like to find out if I should go to a computer shop and check what the price was at the time of danation and journalise this transaction into the books i.e. recognise the asset/ contribution income and depreciation/ accumulated depreciation?

    Is it an option to just write under the “Notes” that “Donations in kind are not recognised as income”?

    Please advise.
    Simbo
    Last edited by Simbonile; 19-Jun-17 at 10:36 AM.
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