Non-Profit
Online Donation — Website / PayPal / Stripe
Recording a donation made through the NGO's online giving page, net of platform fee.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank (Net) | Asset (+) | 97.00 | - |
| Payment Platform Fee | Expense (+) | 3.00 | - |
| Contributions Revenue (Unrestricted) | Revenue (+) | - | 100.00 |
💡 Accountant's Note
Gross donation is recognized as revenue. The processing fee is a fundraising expense. Recording only the net amount ($97) would understate both revenue and expense.
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