What is an In Kind transaction?
Created by: Support Team
Modified on: Tue, 19 Jul, 2022 at 5:05 PM
An In Kind transaction is a non-cash gift of goods or services. Goods can include things like computer equipment and office supplies that your organization can use or they can be items like clothing, food, books, or medical equipment that your clients can use. Services are things like accounting or legal services that are provided for your organization. In Kind gifts of goods and services can also be items that are donated for auctions like art lessons, gift cards, or jewelry.
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