There are two ways you can record transactions in Keela - Donations and Revenues.
Use this guide to determine how you should log the various transactions that you receive to your organization.
What is a Donation Record
Donations are transactions (money, in-kind, or securities) that are eligible for a donation receipt, including donations with an advantage or benefit. This means that the person who made the payment will receive a donation receipt and may be eligible to claim a tax deduction using the receipt.
There are two types of Donations:
2) Recurring Donations - occur every week, month, or year (i.e. Donor donates $50 dollars to your organization every month). You can manually Log a Recurring Donation or someone can sign up for Donation via a Donation Form!
When a Donor signs up for a Donation via Keela Donation From, they will receive an automatic Donation Receipt and Thank You letter via email. You can edit these emails in Receipts Settings. If you manually log the Donation, you will have the option to send out a Donation Receipt and Thank You letter as well.
What is a Revenue Record
Revenues are transactions that are not eligible for a donation receipt. This means that the person who made the payment will receive a transaction receipt only. Some possible examples of these include event tickets, merchandise purchases, grants, and scholarships.
There are two types of Revenues:
1) One-time Revenues - occur only once (i.e. someone buys a $20 dollar ticket to your organization's event). You can manually Log a Revenue Payment or someone can make a Revenue Payment via a Revenue Form!
When someone makes Revenue Payment through a Keela Revenue Form, they will receive an automatic Receipt and Thank You letter via email. You can edit these emails in Receipts Settings. If you manually log the Revenue, you will have the option to send out a Receipt and Thank You letter as well.