Handling charitable donation as a discount on an invoice

[Kevin Wilson]

Thanks Mike. I understand what you're saying, but in this case the 
invoice was issued and paid way back in January, so I have to deal with 
it as-is.

Kevin

On 27/10/2014 5:48 AM, Mike or Penny Novack wrote:
>
>>
>>
>> Is there a way to post a charitable donation directly to an expense 
>> account from an invoice, or am I barking up a dead tree?
>>
>> Kevin
>>
> Need to separate "can do" from "advisable" and this is something you 
> really should be taking up with your accountant.
>
> This is something I deal with all the time from BOTH sides of the 
> question (sometimes as the donor and sometimes as the treasurer of the 
> charity). It is really a LOT cleaner if you don't combine and provides 
> a more definite record for tax purposes.
>
> I am NOT an accountant, but I recommend you don't combine. Bill the 
> invoice for the full amount and include a check for the donation you 
> wish to make. Similarly when one of my people sends in a receipt with 
> a  reimbursement request for only part of that (part they wish to 
> donate) I send them a reimbursement check for the full amount and ask 
> them for a check in the amount they wish to donate.
>
> Michael
>
>
> PS: I will repeat, I am neither an accountant nor a tax advisor. This 
> is really a question where you should know the answer in terms of the 
> tax codes of your jurisdiction and what verification of donations they 
> require.
>