Handling charitable donation as a discount on an invoice

Kevin Wilson kevin.wilson100 at shaw.ca
Thu Oct 30 15:25:46 EDT 2014


This did the job. Many thanks!

I'll do future ones as separate invoices and donations.

Kevin

On 27/10/2014 11:51 PM, Maf. King wrote:
> Hi Kevin,
>
> I've had a thought about this.  Write out your invoice, but put details about
> the donation without specifying an account or sum of money - so just use the
> description field for a line or two.
>
> this will mean the invoice is posted showing the full amount owing.
>
> Process the payment in the usual way for the full invoice value.  Then go into
> the checking account and manually add a split to the payment transaction and
> split $100 off to expenses:whatever  (ie Assets A/R remains, reduce bank and
> add a new split)
>
> HTH,
> Maf.
>
>
> On Mon 27 October 14 21:37:34 Kevin Wilson wrote:
>> No other suggestions on this? Darn.
>>
>> On 27/10/2014 8:23 AM, Kevin Wilson wrote:
>>> 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.
>>> _______________________________________________
>>> gnucash-user mailing list
>>> gnucash-user at gnucash.org
>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>> -----
>>> Please remember to CC this list on all your replies.
>>> You can do this by using Reply-To-List or Reply-All.
>> _______________________________________________
>> gnucash-user mailing list
>> gnucash-user at gnucash.org
>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>> -----
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.



More information about the gnucash-user mailing list