15 lines
666 B
Text
15 lines
666 B
Text
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# Tracking Income Type
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As a 501(c)(3) non-profit manager, I need to track various income types.
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Specifically, there are three types of income that can be generated:
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* Grants and donations
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* Related Business Income (RBI)
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* [Unrelated Business Taxable Income (UBTI)](http://www.irs.gov/Charities-&-Non-Profits/Unrelated-Business-Income-Defined)
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Sometimes, these income types may go to the same account. For example, a
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conference sponsorship may generate some amount of UBTI if some amount of
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advertising was part of the sponsorship. Thus, this categorization should
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not be encoded into the account name, but is rather meta-data about specific
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transactions.
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