Does ExpensePlus support GoodBox?
ExpensePlus enables you to efficiently reconcile money collected via 3rd party payment processors such as Stripe, GoCardless, Parish Giving Scheme, SumUp and many more as well as Stewardship - Find out more.
Whilst there are different options for handling such income, typically where a breakdown of donations is required and where there are more than just 4-5 donations per month, option 3 (see above link) is typically chosen.
This is currently available for the following payment processors: Stripe, GoCardless, Parish Giving Scheme (PGS), Stewardship, SumUp, CAF Donate, CAF Payroll Giving, Charities Trust, Give a Little, and for Zettle and Square till systems.
This option isn't available for GoodBox due to the poor quality of the payout report provided, which neither includes the donation purpose nor the donor name or a card number per donation.
It is, therefore far easier to enter the payouts from GoodBox on the match transaction screen as Mixed Income, entering the total gross donations figure as a line in the 'GASDS Donation' section and the aggregated fees charged as a line in 'less expenditure' section.
Note: Where a donation amount is >£30 or you have reached the GASDS threshold for the tax year, the income should instead be recorded in the 'other income' section to avoid GASDS being incorrectly claimed.
To better understand the Bank Reconciliation module, please view the module overview video here.