I have a new client who is a registered charity, I am wanting to reduce there service fee and allow for it on an invoice as a charitable donation…
So that the client sees how much it should be and then has a discount on there… is there anyway of accounting for the charitable donation or is it just a case of deducting the “discount” from the same nominal code as the main service nominal code…
Adding a discount should be fine as this would still show on their invoice.
There is a nominal code for ‘Donations’ (8200), however it may be worth double checking with an accountant on the best route (I’m not one). There may be a benefit tax wise by actually recording it as a donation over reducing the balance with a discount.