Hi julie.jeffery@tf, I'll help record the gift aid.
In QuickBooks Online, you can create an expense and a new expense account to track gift air declarations. I'll show you how.
- Go to Accounting.
- Select Chart of Accounts.
- Click New.
- Under Account Type, select Expenses.
- On the Detail Type menu, choose the category for gifts accordingly.
- Enter the name of your new expense account. Say Gift Air Declarations.
- Select a VAT code if applicable.
- Click Save and Close.
Once done, go ahead and create an expense transaction using the recently created expense account above by following the steps in this article: Enter and Manage Expenses in QuickBooks Online.
However, I still recommend contacting your accountant for guidance in choosing the appropriate category for your account. Use this link to find someone you can work with: Accountants or Bookkeeper Near Me.
You may also read this reference for other ways to track gift declarations: Sell and Redeem Gift Cards or Certificates in QuickBooks Online.
I've got you covered if you have questions about other than recording gift declarations. Just leave a comment below using the Reply option. Take care always!