Finance and Accounting

Coming soon... Sales tax (including VAT) and Invoicing for CiviCRM

Published
2014-09-08 06:52
Written by

Pencil and squared paper at the ready CiviCRM is about to get a little more boring...

Yes thats right, over the past few months Compucorp have been working with Web Access, JMA consulting and the Core Team to beef up Civi's accounting integration by providing support for Sales Taxes for CiviCRM. But wait there's more...

Using CiviCRM for project management and budgeting

Published
2013-12-11 14:46
Written by
At Green Renters we have tried to incorporate as much of what we do into CiviCRM as possible, we figured that there was no point having a central repository of how everyone engages with our organisation if the information wasn't complete, so we sought to consolidate as much of what we do into CiviCRM as possible. This is a post explaining how we incorporated and integrated project management and accounting into our CiviCRM.
 
Caveats

Charging Sales Tax / Value Added Tax (VAT) on contributions

Published
2013-05-02 16:19
Written by

With the introduction of CiviAccounts in CiviCRM 4.3 the ground work to allow CiviCRM to cater for Tax against contributions has been laid.

During the week-long sprint in northern California following CiviCon, we've been working through the design and amendments required to complete the implementation of Tax within CiviCRM.

The specification can be found on the wiki

SEPA & CiviCRM: Makes raising funds easy(ier) in Europe

Published
2013-05-01 11:07
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As most not-for-profit that wants to collect online donations or has a membership base, you probably have the opportunity to have more donors giving small amounts on a monthly basis, but you have not been able to explore it given the high fees on credit cards transactions. If your organisation is based in Europe, SEPA is offering you this option.

 

Fun and joy with Authorize.net (code attached)

Published
2012-09-14 07:39
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If you are using Authorize.net as your payment processor (or your clients are) for either one-time payments or automated recurring payments, then my guess is that like me you probably dread the phone call from a bookkeeper such as

 

"I found some Authorize.net transactions that went through and the money is in the bank, BUT there is no record of the contribution in CiviCRM.  What happened?"

 

Vanco payment processor for CiviCRM 3.3, 3.4 and 4.1

Published
2012-09-12 20:14
Written by

Vanco Payment processor

 

BackOffice Thinking is pleased to release the Vanco payment processor to the CiviCRM community.  Today we are releasing versions for 3.4x and 4.1x and hope to have a 4.2x version shortly.

 

This processor allows single payment and recurring for credit cards and ACH (electronic check)

 

The Vanco payment processor is quite popular among religious organizations and we have been utilizing this processor for past 2 years with many of our clients.  Thanks for all the support from the Vanco team along way.

Supporting tax rules worldwide

Published
2012-05-12 07:26
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I am starting a project that will allow CiviCRM to support the needs of an Australian non-profit. This non-profit is subject to the Australian Goods & Services Tax rules (GST) for some but not all transactions.

The GST requirements apply whenever the non-profit provides a tangible good or service in exchange for a payment. This is most common with their dinners, selling DVDs, and items from their gift shop. 

 I have written up the requirements and possible approaches on the CiviCRM wiki at:

CiviCRM, Contributions, and year end tax Crunch

Published
2012-03-21 12:29
Written by

My name is Mark, I run a small consulting Firm in Vancouver Canada. I have been working with CiviCRM since 2009 and have implemented customized solutions with it for 7+ clients. I have several clients who use CiviCRM and CiviContribute and at the end of each year there is always a moment where they mention their wish list to be able to generate a CRA [Canada Revenue Agency] compliant tax receipt for each of their Contributors. The benefit of CiviCRM is that it brings together all the appropriate information for a contact to be mailed/emailed and contributions for any given year.

Recording multiple payments on one contribution, and dividing one payment among multiple contributions

Published
2012-03-12 07:37
Written by

A member sends several separate payments to cover outstanding dues on a single purchase, like an expensive membership or a table at an event. How are you going to record this?

A conference participant selects “Pay Later” on several different event registrations, and later wants to pay them all in a single credit card transaction.  How are you going to support this?