Hi there,
My org is still fairly new to Tess. We have a pledge portion that has come in, and have some questions regarding how to set up and process this gift. 1. Can a pledge be divided between two funds? 2. Can a pledge have a portion that is restricted?
If you have any insights about if Tess pledges can be set up in either of these ways, I'd appreciate your input.
Thanks,
-Elisabeth
Good day, Elisabeth
We, too, are relatively new, and we were told a pledge for different funds required separate pledge entries.
When this occurs (rare for us), we split the pledge appropriately.
We don’t use restricted accounts in our organization.
I will monitor the group for responses; we quickly learned the forums are a valuable asset.
Best Regards
Wendell Baskin
Bass Hall – Fort Worth
From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Elisabeth Albeck Sent: Monday, September 30, 2013 09:37 To: Wendell Baskin Subject: [Tessitura Development Forum] Pledge Questions: Restricted and multiple funds
This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Development Forum. You may reply to this message to post to the Development forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!
Yes the pledge has to be split between the appropriate Fund Codes. Each fund code can be assigned a temp restricted GL to allow for a portion to be time restricted.
From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Wendell BaskinSent: Monday, September 30, 2013 11:09 AMTo: McKinley, LeslieSubject: RE: [Tessitura Development Forum] Pledge Questions: Restricted and multiple funds
From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Elisabeth AlbeckSent: Monday, September 30, 2013 09:37To: Wendell BaskinSubject: [Tessitura Development Forum] Pledge Questions: Restricted and multiple funds