Import non-receiptable transactions
I am getting ready to prepare data to import into Keela. We operated for several years as a not-for-profit, meaning we cannot and did not issue tax receipts. We have recently been approved by CRA for issuing tax receipts going forward. I would like to import all of the older transactions to leverage the intelligence of the platform, but need to make sure that these are not generating tax receipts. I did read that I can import them as already having a receipt issued so their status will be "ignored" and thus no new receipt issued, but I am concerned that is misrepresentative and may pose issues for an audit in that it may appear that we issued a receipt (manually) even though we did not. Should these be imported as revenue instead of donations, even though they were donations? Any suggestions on how to achieve importing transactions that did not and will not get receipts?
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Hi Ahmad,
In this case, I would recommend reaching out to the CRA directly and asking that question if it can be misrepresentative in the future for an audit or for any issues with the CRA.
From Keela's side, when a transaction is marked as ignored that means that no receipt will be issued and no receipt has been issued. You can use our Bulk Receipting Tool to mark transactions as ignored.
Let me know if you have more questions!
Best,
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