Multi Year Pledges

If these are multi-year pledges, I am assuming that also means that the future years are restricted and therefore part of your Temp Restricted (TRNA) balances.  From a financial perspective I don’t think you should or would want to change these dates.   The contribution indicates when it was entered into TRNA.    

You would need reports that show all transactions within a date range when you looking at  contributions so that the unrestricted contribution appears regardless of original date.  

I have discovered an issue with reporting our multi-year pledges in regards to the contribution date that was automatically applied when the pledges were processed.   We have hundreds of multi-year pledges that all hold the same contribution date as the date the pledges were entered.  For instance John Smith on 3/1/2009 pledged $10,000 for the next three years.  All three pledges were processed to the future campaigns but the contribution dates for all three remained  as 3/1/2009.  When the future pledge payments begin to come in the contribution dates remain the same as the original date the pledge was created. 

I would like to know if any organizations adjust the contribution dates to the future year so when running reports by contribution date these pledges will show up in the correct campaign year?  If you do adjust the contribution date do you do it when processing the original pledge or when the pledge is paid?

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If these are multi-year pledges, I am assuming that also means that the future years are restricted and therefore part of your Temp Restricted (TRNA) balances.  From a financial perspective I don’t think you should or would want to change these dates.   The contribution indicates when it was entered into TRNA.    

You would need reports that show all transactions within a date range when you looking at  contributions so that the unrestricted contribution appears regardless of original date.  

I have discovered an issue with reporting our multi-year pledges in regards to the contribution date that was automatically applied when the pledges were processed.   We have hundreds of multi-year pledges that all hold the same contribution date as the date the pledges were entered.  For instance John Smith on 3/1/2009 pledged $10,000 for the next three years.  All three pledges were processed to the future campaigns but the contribution dates for all three remained  as 3/1/2009.  When the future pledge payments begin to come in the contribution dates remain the same as the original date the pledge was created. 

I would like to know if any organizations adjust the contribution dates to the future year so when running reports by contribution date these pledges will show up in the correct campaign year?  If you do adjust the contribution date do you do it when processing the original pledge or when the pledge is paid?

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!