We have a donor who gave us a lovely gift but wants to “spend” it over the next few years on things like galas, memberships, etc. The problem is she doesn’t know exactly what she wants to spend it on or how much she will spend each year.
Obviously, for finance and tax purposes, the whole value of the gift will be counted at one time, so I entered it in Tess as a single gift to the appropriate month. I’ll work out with Finance how much to restrict.
But what I would like to do is somehow put the money on account and then draw it down as she decides to “spend” it. (I know I will have to adjust such entries manually when they get moved over to our accounting software.) Is there any way for me to do some kind of an adjustment that will move the money on account? All I can find in the documentation is how to have the ticket office put development money on account. Is there an analogous procedure to have Development put development money on account?
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Julie P. Hamre
Strathmore Hall Foundation, Inc.
5301 Tuckerman Lane
North Bethesda, MD 20852-3385
301.581.5136; fax 301.581.5201
www.strathmore.org
Support what you love. Strathmore Stars enjoy
10% off Strathmore performance tickets, advance
ticket purchase, discounts in the Shops at
Strathmore and in Tea Room, and access to special events.
On account is just a payment method. We have ticket, Special Events and various membership ones (these membership come via web and are then posted upon review to appropriate membership).
So it would your call as to whether you segregate in a new on-account payment method or share with another and just monitor.
From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Julie Hamre Sent: Thursday, July 14, 2011 1:36 PM To: McKinley, Leslie Subject: [Tessitura Development Forum] putting gifts on account from Contributions
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