We are just starting our annuities. I am tryiing to learn ahead what i will need to know for the accounting side of the process. In California we have trustees who do most of the work, however i must account for it in our general ledger, Quickbooks. I would like to hear from anyone doing annuities. I would like to know more about discounted present value of the liability of the gift, how much is booked as the revenue. What you key in raisers edge to the donors account. This is assuming the person is still alive and the gifts are cash only. We will be using Crescendo to calculate all the tables etc.