Stock gift entry and reporting

We are a very small shop and I’m trying to outline processes for gift entry and tracking. I’m looking for guidance on stock gifts, specifically how to record the proceeds from the sale of gift stock. When the stock was received, we entered the gift information on the donor’s account. We sold the shares and received a check for the proceeds from our brokerage firm. Is it correct to create a journal entry with the dollar amount, check info, fund etc. on the brokerage firm’s record and soft credit the donor? Am I correct that I would then need to exclude “stock gifts” from any fiscal reports and queries when I’m looking at total dollars received in a fiscal year? It seems like I’d be double counting otherwise. Thanks!