The Charities option

The Charities option provides useful features that help you to:

• Set up funds
• Analyse the sources of your income and expenditure
• Flag customers for whom you can claim Gift Aid or tax relief
• Report on total donations received and the total tax claimed
• Analyse your income and expenditure using the Statement of Financial Activities (SOFA) report

For more information on the charity option, read our articles below:

Setting up the charity module

Enable the charity option, and get ready to start processing.

Setting up the charities module

Assign SOFA categories to nominal codes

Charitable Funds

Create and use funds to analyse income and expenditure for your charity. 

Create fund records

Delete a fund record

Enter an opening balance for your funds

How transactions affect funds

Transfer a balance between fund records

Donations and Gift Aid

How to setup and record donations and gift aid. 

Set up Gift Aid Small Donations Scheme (GASDS) - UK only

Set up gift aid for a customer

Record donations

Reporting and the financial year end

Recommended reports for your charity, and how the year end affects your accounts.

Charities and year end

Charity reports