Inventory "sold" as "donation"

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.

 

2,510 Views
Message 1 of 5
Report
4 REPLIES 4
Alumni

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?

 

Adam
Square Community, Platform
2,465 Views
Message 2 of 5
Report

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.

2,462 Views
Message 3 of 5
Report
Square Community Moderator

@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.

AshleyK
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.
2,449 Views
Message 4 of 5
Report


@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.

1,958 Views
Message 5 of 5
Report