What is GoGenerosity? GoGenerosity is a Software as a Service (SaaS) business that enables customers to pay-it-forward at businesses e.g cafe, restaurant, retail store, supermarket etc. The business then produces goods and or services to be distributed to those in need via one of our trusted charity partners.
Where does my money go? 100% of all pay-it-forward donations received are used in the business to produce goods and services to help those in need and distributed via a Charity Partner.
How do I see the impact I’m having? Keep an eye on our social media pages to see the contribution you have made to the local community!
Is this tax-deductible? Pay-it-forward gifts are not tax-deductible. For more information please get in touch via: email@example.com
My company wants to give money to GoGenerosity. Is this tax-deductible? Yes. If your business would like to make a donation directly to GoGenerosity this is tax-deductible. Another added benefit is you can also claim on the GST as well. For more information please email firstname.lastname@example.org
How does my business account for GoGenerosity donations? We’ve found the easiest way for our existing GoGenerosity business partners to account for pay it forward donations is to keep GoGenerosity donations separate from their retail revenue.
How do I add GoGenerosity to my point of sale system? - Create a product button for GoGenerosity donations - Ensure the GoGenerosity product is set up as a separate sales item for accounting purposes. An example of this is how you would currently sell and redeem voucher sales - Create a tender button for GoGenerosity redeemed - Download our training guide to learn more
What happens to my pay-it-forward donations if my business closes down or stops trading? In that case, pay-it-forward donations are to be transferred back to GoGenerosity. GoGenerosity will re-distribute all pay-it-forward donations to a different business partner on our platform in a similar industry.
How do I receive a pay it forward donation? Process the pay it forward amount as you would when selling a voucher
How do I redeem a GoGenerosity donation? When you have accumulated enough pay it forward donations and you’re ready to give your goods & services to your charity partner, simply process items the same as you do when redeeming a voucher.
How do I code GoGenerosity donations in my accounting system? - GoGenerosity sales should be coded as a currently liability - GoGenerosity redeemed “donations” should then be removed from current liability and then coded as revenue - If you have any further questions please don’t hesitate to reach out to our team -email@example.com