NPO received a $100 gift card to purchase gas

Our NPO received a gas gift card as a donation. We then used the gift card to purchase gas. How is this recorded in Sage 50 Canada?

  • Assuming the donation of the gift card was not previously recorded, enter it in Purchases: expensed to gas, then on the line below enter a negative amount to the donation account.  The total at the bottom right of the Purchases Journal should be zero

  • 0 in reply to Carolyn Longstreet

    Thank you Carolyn! Yes, the gift card was not previously recorded. Since each card was used for a few purchases before it ran out (we received 2 gas cards and 1 Superstore card), I guess I should just enter a separate transaction for each amount purchased, each resulting in zero. And I'll record it under the Vendor names.

    I was trying to think of keeping a running total since we might reload them, but that's too difficult :)