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Do I record a painting that has been given away as "sold" or is NFS more appropriate?

(Terri-Anne Barge) #1

I’m still relatively new here so I am wondering what the best practice is in this situation. Thanks for your input.

(David Marine) #2

You can also set the status to Gifted or Donated in the Artwork Status of your Art Tracking Grid.

(Catherine Kauffman) #3

I appreciate the donated option as it will help me keep track when it comes to tax time, but I haven’t figured out how to enter the information about the recipient as I think the IRS would like to know that stuff as well.