How to Code Donations in Xero
The simplest way to code donations in Xero is by creating a dedicated account for it. Here’s a short guide on how to do it:
- On Xero's main dashboard, head over to the top menu bar and click 'Accounting'.
- Choose 'Chart of Accounts' from the list of options.
- After that, click 'Add Account'.
- Provide all the necessary details related to the donation account you want to add. Enter them one by one into their respective input fields.
- Once done, click 'Save' to proceed.
- After completing these steps, the new account will be created and saved. You can now use its code when recording your donations.
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