Hi all!
I just met with our VP of Accounting to discuss enabling pledges in NPSP. I've already read a bunch about pros and cons of using Opportunity pledges vs. recurring donations-although one question I have is whether the new enhanced recurring donation feature still works for pledges (we use Legacy and this would be another reason to remain on Legacy). Aside from the above, my question is about Accounting totals. Our VP wanted to know how non-profits calculate adjusted totals/rates like:
Pledge Total
Discounted Rate/Total
Doubtful Rate/Total
These are accounting terms, I know, so I'm wondering if anyone has solved for this in SF/NPSP or if they've handled this in their own Accounting platform/application?
Thank you for posting this question and your blog post Samantha!! It helps to hear what others are doing and or thinking about these things. Im an admin trying to help our RD and Accounting teams.
