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?
Thank you everyone for your responses, good advice and comments. Yes, we do have hundreds of multi gift pledges and so we are struggling with reports as our second year pledges are coming up. We will definitely be doing some research on the problems and working on a solution to our reporting. We have taken everyone’s advice at this point and decided not to change the dates.
Thanks again
And if there is more advice regarding multi gift pledges out there keep sending it.
Terry
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