Non-Profit
Cryptocurrency Donation Received
Recording Bitcoin or other crypto received as a donation, valued at fair market value at receipt.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Digital Assets (Crypto) | Asset (+) | 5,000.00 | - |
| Contributions Revenue (Unrestricted) | Revenue (+) | - | 5,000.00 |
💡 Accountant's Note
Under current guidance, donated cryptocurrency is treated as a non-cash gift recorded at fair market value on the donation date. The NGO should convert to cash promptly to avoid price volatility risk.
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