There's no reason not to book at $5,000 receivable. However, you can only
count $3,250 in your fundraising totals. So as long as you work out those
mechanics and reconciling issues, you should be fine.
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, Jun 11, 2019 at 10:33 AM Gwen Donev <
gwendonev@gustavus.edu> wrote:
> We have a fundraising event this fall and are selling tables for $5,000,
> which includes a $1,650 benefit for the dinner tickets. When we have sold
> tables, we enter a $3,250 donation and a $1,650 ticket purchase. We just
> received our first pledge for a table purchase, requesting a future invoice
> date for late summer. Is there any reason we can't enter a $5,000 pledge
> in our system so that the invoice goes out correctly, even though when we
> receive the payment we will have to write a portion of the pledge off in
> order to account for the benefit portion? Or are we thinking of that wrong?
>
> Gwen
>
> --
> *Gwen Donev*
>
> Director of Advancement Services
>
> Gustavus Adolphus College
>
> 800 West College Avenue
>
> Saint Peter, Minnesota 56082
>
>
>
> Email:
gwendonev@gustavus.edu
>
> Office: 507.933.6515
>