How does Giving work?
Giving streamlines your financial operations by treating purchase transactions and giving transactions as distinct processes:
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Purchase transactions: The payments you make for goods or services.
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Giving transactions: The additional donations payment to a charitable organization.
This separation simplifies reconciliation and reporting, creating a smoother and more efficient experience for both you and your customers.
The Benefits of Transaction Separation
When purchase transactions are kept separate from giving transactions:
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There's no need to untangle combined purchase and donation amounts.
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There's no need to deposit the donation amounts into your merchant account.
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Your regular financial reporting remains unaffected.
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Your finance team isn't burdened with the management of charitable contributions.
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Your customers can see exactly where their donations are going, making the process transparent.
In essence, by separating transactions, we make your accounting and reporting tasks straightforward and hassle-free.
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