Hi, we are on V15.2.33. We are looking at setting up Recurring Giving. We are looking at setting up a Faux Fund to handle Recurring giving and then making a TNEW page and using CSI's to have the donor select their schedule (Monthly, bi-weekly, etc.) When the first gift comes in do you Create Recurring Giving as a Pledge with a Billing schedule (through the end of the fiscal year and use the first gift as a payment towards it via an adjustment). Will this then allow you to Create a New Pledge at the beginning of the next fiscal year and use their stored card to process that first payment? Thank you so much for your help.
Tagging along to this: how are folks accounting for recurring donations with no end date in Tess? My gut is to do the above with a pledge through the end of the fiscal year, but I can't find any real best practices or proof in practice to share with my Finance department.
Yeah, I just set up new pledges each FY for recurring donations and set up the pledge billing utility to auto-charge their cards. Right now there are only about 5-6 recurring gifts, so it's not a huge inconvenience, but I would LOOOOOOOOVE better capabilities for that in Tesstiura.