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Enoch Garcia from Honest Accounting Group guides viewers on how to record donations in QuickBooks Online. The three key steps are to set up a vendor, create the expense or check, and select the donations account or create one. To begin, create a vendor named "Donations Place 1 Inc" and input relevant information. Then, use the plus sign to create an expense or check, depending on the type of transaction. Finally, select the donations account or create one if needed.