If you let everyone pay the business, you have Income = Sales. Your Costs are your business costs. Then, you gave to the charity, but your business tax form does not provide for Charity. That is a mistake in the management of this type of activity.

Here is how it should […]

Resolution for 'business costs issue: 'Our business sponsored a charity event. We collected donations and then wrote a check to the charity minus event expenses. How do I account for this?' available: Yes.

The business costs issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the business costs issue yourself by looking for a resolution described in the article. If it is a complex business costs issue or you are unable to solve the issue, you may contact us by clicking here or by using other business costs support options.

For more information about resolving issues related to business costs in Quickbooks/QBO or to get support for the issue 'Our business sponsored a charity event. We collected donations and then wrote a check to the charity minus event expenses. How do I account for this?', click the link below: