Thank you very much!  This makes sense. Ebase does reflect a negative number if the payment entered on a pledge is larger than the “open balance”, but I agree that it doesn’t make sense to do it this way.

 

 

 

Jana

 

206-382-7276

 

-----Original Message-----
From: Vicki Sola [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, July 09, 2002 4:04 PM
To: TechRocks Support
Subject: [support] RE: overfullfilling a pledge

 

I would consider the first $50 fulfillment of the pledge and the second $50 a new contribution.  From an accounting perspective, the entire amount of the pledge is a contribution at the time it is promised.  The payments are basically against an accounts receivable.  The extra $50 is a new contribution. 

 

Although I haven't tested this, I don't think e-base can handle "negative" amounts due.  And I can't imagine why you would want this unless you think this person is going to re-up an annual pledge and you think this overpayment is actually two pledge payments -- one for this pledge cycle and one for the next pledge cycle.

 

If your organization reconciles e-base against the accounting records, then you want to mirror what your accountant is doing.  If not, look at donor intent -- extra gift? first payment on a new pledge?  A nice opportunity to have a conversation with your donor and possibly get an on-going commitment.

 

Vicki Sola
Development Coordinator
Inland Northwest Land Trust
phone: 509-462-1239
fax:   509-328-4733

-----Original Message-----
From: pwf [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, July 09, 2002 3:14 PM
To: TechRocks Support
Subject: [support] overfullfilling a pledge

I’d like to know what others do, or what should be done, in this situation: Someone owes $50 on a pledge and they send in a check for $100. Do you input the entire amount on the pledge screen, ending up with a -$50 in “amt unpaid” or do you put $50 toward the pledge and $50 under payments as a “contribution”. 

 

Thanks for your help!

 

Jana Reister

Professional Women's Fellowship

206-382-7276

[EMAIL PROTECTED]

 

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