FundSvcs Community

I hav e implemented several dozen gift fee programs over the years. Hardly any have accounted for the fee in the exact same way. A great deal depends on the talents of your IT staff, the flexibility of your GL feed (and whether you have an automated feed at all!), and the willingness of your accounting division to work with you. I suggest that you pull together staff from your shop, IT, and the Business Office to first develop viable scenarios and then develop what will make everyone happy. This process took us the better part of 6 months to conceptualize at NC State - and at least that long (probably longer) to program and test. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, Apr 23, 2019 at 11:04 AM Amy Macione <ammacione@hotmail.com> wrote: > Hi All, > There is some discussion at my university about instituting a gift fee. > If your institution has a gift fee, how do you account for it? Do you use > the GL codes in RE or do you just account for it in the accounting > database? We are a Blackbaud shop with RE posting to FE. Looking for any > suggestions on how to process with a fee? > > Thanks, > Amy >

Hi All, There is some discussion at my university about instituting a gift fee. If your institution has a gift fee, how do you account for it? Do you use the GL codes in RE or do you just account for it in the accounting database? We are a Blackbaud shop with RE posting to FE. Looking for any suggestions on how to process with a fee? Thanks, Amy

Amy, We have a gift fee. We don't account for it in our RE database at all, only in FE. I'd be happy to put you in touch with our Finance folks for specifics on how they do this. Thanks, Marijana Marijana Radiæ Boone '01, MPA '03 Executive Director, Advancement Services College of Charleston 66 George Street Charleston, S.C. 29424 843.953.5647 (o) 843.640.9135 (c) From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Amy Macione Sent: Tuesday, April 23, 2019 10:47 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] Processing a gift fee CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Hi All, There is some discussion at my university about instituting a gift fee. If your institution has a gift fee, how do you account for it? Do you use the GL codes in RE or do you just account for it in the accounting database? We are a Blackbaud shop with RE posting to FE. Looking for any suggestions on how to process with a fee? Thanks, Amy