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ReportI want to add Pledge in GP and want to do its distribution.
Please explain how can i do fund raising and its management.
Thanks
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I want to add Pledge in GP and want to do its distribution.
Please explain how can i do fund raising and its management.
Thanks
*This post is locked for comments
Could you do the following?
Enter a sales invoice. When it is pledged...post it into AR. This will Dr Receviables, CR Unrealised Pledges (Set the sales account to default to a Balance Sheet account called Unrealised Pledges)..
Then use Scheduled Payments functionality to split the payments for this Invoice across say, 12 months.
When cash is received...DR Bank, CR Receivables.
At the end of the month - add up all of the cash receipts for the month and process a GL Journal...CR Sales (Realised Pledges), DR Unrealised Pledges for the total amount.
Would this work?
Ian.
hi, Mike
thanks for reply
I want to add amount say $1000 as pledge is can be said as not realized and when it realized it said as donation like an paid invoice. I want to handle this transaction in GP.
GP is not a great solution for fund raising. There are several fund raising packages out there that can be integrated with GP.
Not saying that you can't. But it definately be a work around. If you want a couple of suggestions, then I will be pleased to point you in those directions.
Warren
Hi Rohit,
Do you have any additional specifics on your requirements for this?
There are ways to do this within GP depending on requirements.
One option that I have used is the idea of Recurring Orders in SOP that are transfered to Invoices and then credit cards processed using a GP ISV if an ongoing month-by-month method is used in your organization.
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