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When to use an invoice or receipt?

Finance

A CharityConnect User Posted 6 years ago

Hi All,
I am new to Charity Accounting and new to the Forum.  We currently use Sage 50 for recording transactions.  From what I can see, Sage 50 Charity, does not allow the option of producing a receipt, it prompts you to raise an invoice.
We have a company who pays a monthly donation into the charity bank account, what is the best/correct way to account for this?  
Many thanks
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