How to Record Charity Donations in Xero
The simplest way to record charity donations in Xero is by adding a journal entry. Here’s a quick guide on how to do it:
- On Xero's main dashboard, head over to the top menu bar and click 'Accounting'.
- Choose 'Journal Report' from the list of options.
- After that, tap 'Go To Manual Journals'.
- Find and open the journal you wish to use for recording the charity donations.
- Subsequently, tap 'Journal Options' to proceed.
- Pick 'Edit' from the choices.
- Following that, click an empty line and enter all the required details related to the charity donation, particularly the Description, Account, Tax Rate, Region, and Amount (Debit or Credit).
- Once done, review your input and click 'Post' to apply the changes.
- After completing these steps, your charity donations will be recorded in the selected Xero journal.
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