Finance Module
We continue to make enhancements to the new iKnow Charity Finance module and updates during May 2022 include:
Payouts information - the main Finance administrator(s) can now view the breakdown of payouts from iKnow Charity. This new tab is found within Finance > Settings.
Maximum Donation - the maximum donation that can be made in one transaction is now £999,999. If you are blessed with a multi-million pound donation to your charity then it will need to be split into separate donations of under £1,000,000. (You can then use the iKnow Charity HMRC Gift Aid integration to easily claim any allowed Gift Aid on the donation!)
Warning when requirements need updating - every now and then charities will need to provide additional information on the charity or trustees so as to meet various compliance rules. This showed within Finance > Settings but will also now show for the Finance Administrator(s) at the top of the main pages within Finance should something be required within the next 2 months.
