It's wonderful that you're keeping track of your charitable giving, and I'm happy to help you navigate this process, Jase.
There are different ways to record donations in QuickBooks Self-Employed. One method is manually adding them as a new transaction. Here's how:
- Go to the Transaction menu and click Add Transaction.
- Enter the amount and a description.
- Click the Select a category menu, then choose the best category to organise your transaction.
- If you have a receipt, you can drag and drop it onto the form.
- When you’re done, select Save.
If your bank account is connected using Open Banking, QuickBooks will automatically download this transaction (if it's new) in the Transactions menu. If it hasn't been downloaded yet, you can manually import it into QBSE.
You can also forward receipts images to QuickBooks. This way, the program will scan them and enter the details for you.
Regarding categorising charitable donations, I recommend consulting an accounting professional to ensure proper tracking. To document Gift Aid claims, record this in the Notes section.
Moreover, you can check this resource to get an overview of everything you can do in QBSE: Learn the basics of QuickBooks Self-Employed.
If you have any further questions about recording charitable donations in QuickBooks Self-Employed, please don't hesitate to ask. We're here to help.
