Processing Gift Aid reimbursement from HMRC
When the Gift Aid reimbursement is received from HRMC you need to record it on your cashbook to reconcile your bank statement.
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Go to Documents > Document Input.
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Select ..., then select REC - Receipts from the Document yype list.
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Select ..., then select Nominal Receipt from the Input form list.
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Select the Date and Period the reimbursement displays on your bank statement, then select OK.
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Entity is pre-populated. Double-click to select and select a different Entity if needed.
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Paying In\Bank Direct is pre-populated. Select B - Bank Receipt Direct if it is not already selected.
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Bank is pre-populated with the Entity's default bank account. Double-click to select a different bank account if needed.
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Enter the full amount of the reimbursement in Total Receipt Amount.
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Enter an applicable reference in Receipt Ref.
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Double-click the Nominal field and select the Gift Aid Control Account (typically 104220). This clears down the balance on the nominal posted by the Gift Aid rule (refer to Running the Gift Aid rule).
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Do not enter any information in Account and Additional Information . Enter the total reimbursement value in Gross Value.
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Double-click in VAT Code and select O - Outside the scope.
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Enter a description in the Description field.
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Press F5 to post.