This year, we're exploring the option of having the box office process any contributions that come in with subscription renewals for next season. However...we use perpetual funds, and it's our understanding that any ticket order contributions will be automatically applied to these funds in the current campaign rather than next season's campaign, which is where we really need them to go.
The only solution I've been able to find is to create rotating GL's, but unfortunately that won't jive with our Finance dept. and their reports.
So - last ditch effort before we go back to our usual On Account method for subscription renewals - does anyone have other ways around this particular problem?
This would be a good time to use fund codes with date ranges.
So for instance you have one set of fund codes dated Aug – Feb and another set Mar-July. Each subscription campaign allows this and the GLs are set up as Finance wants
Now on March 1 when items are posted to fund code A instead of being part of the 2011-12 Campaign – it is now being directed to 2012-13 Campaign
We tend to have ODD and EVEN year fund codes which have their own GLs. So we are not doing 2 sets for same subscription campaign.
It is in the Galas what we use the date range—we start posting money for our Next Year Opening Night tickets & dinner in the current season so we set up the ticket GLs for Mar-July and dinner fund code the same as of Aug 1 we reset the ticket GLs and begin posting to the current year dinner fund code –
Hope that makes sense.
From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Kristin WilliamsSent: Monday, February 06, 2012 4:53 PMTo: McKinley, LeslieSubject: [Tessitura Development Forum] TIcket order contributions for a future year
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Thanks for your response, Leslie. This makes sense...I guess I really just have one other question -- how do you all handle restrictions this way? For instance, our fiscal year ends May 31, so we're really still in the thick of it. For that reason, I need these early donations for next year coming in with subs renewals to go restricted GL's. If I change the campaign date, it won't auto-restrict these contributions.
I hope this makes sense...