I have recently input my stock into my SQUARE inventory so that I can keep track of what I have quickly for my customers. I often get approached to donate product for events/fundraisers etc. What would be the best way to take the product out of inventory due to donation? I was hoping to make an invoice and then classify it as a "donation" but it does not appear to be an option.
Welcome to Seller Community, @whitneyforrest!
Just so I understand what you want to do, you want to provide customers an option to purchase items from you with the intent that the item will then be donated?
I have this same issue with Square. For example - I purchase 50 stone hearts and enter them all into Square for inventory management. Later, I decide to donate 5 hearts for a charitable cause, but then need to take them out of inventory in Square. There currently isn't an option to show donation. I end up choosing "loss" or "inventory recount" - neither are accurate, so I lose the ability to track donated items through Square and have to do it manually.
@amyh thanks for sharing. This is a feature request to be able to mark an inventory loss as a donation. I will bubble the feedback up to the development team, but for now you will need to continue marking the items as a loss.
@whitneyforrest wrote:I have recently input my stock into my SQUARE inventory so that I can keep track of what I have quickly for my customers. I often get approached to donate product for events/fundraisers etc. What would be the best way to take the product out of inventory due to donation? I was hoping to make an invoice and then classify it as a "donation" but it does not appear to be an option.
What I did was to create an invoice with our house account as customer (you could also bill it to the non profit as the customer), entered the items donated, then created a "charitable donation" discount for the same amount, resulting in a zero invoice. The items came out of inventory, and I have a receipt (copy of the invoice) to show the value of the donation. The only trick is you can't have a zero invoice, so I had to leave 1 cent due. See if that works for you.
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