Community

Sponsorship in accounting, how does this work?

ADC
2024-05-19

Question

I am a taxidermist and would like to sponsor an animal shelter in exchange for their carcasses. A price is determined per carcass. How can I best record this in my accounts? A donation is not an option. I would have to provide proof of sponsorship. Would a list of the carcasses obtained be sufficient?

Actually, you're just buying the carcasses, aren't you? You give money and get carcasses in return. Can't you just question the shelter for an invoice here? Then you can just include it in your expenses.

Well, I have no idea if a non-profit organisation can issue an invoice, but if it can, then there's no problem at all.

Ask a question
Ask your question to the Dexxter community with over 28.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Income from student job

Invoice after entering daily receipts

Depreciation

Godaddy expenses

Daily receipts exemption under Article 44 + SME exemption counter.

Adding an extension to your own home as an expense

Postage stamps exempted from VAT

Entering previous years?

Open due to illness

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter