I'm thinking of updating my org's custom method of recording In-Kind gifts, to use NPSP's "standard "Fair Market Value" field. Specifically:
* For gifts of things, not money, rectype = In-Kind, Fair Market Value = value of item (as per NPSP documentation), Amount = blank (field hidden from page layout).
* For gifts of cash where our org provides an item or service back to donor (like a meal or t-shirt), retype = Donation, Amount = amount of cash gift, Fair Market Value = value of item or service we provide to donor in exchange for their gift.
Anyone see any issues with using the Fair Market Value field in two slightly different ways, depending on the rectype and "direction of flow" of the item or service? NPSP docs are silent on the latter direction, that's what makes me ask.
I suggest tracking it in two separate FMV fields - create a new custom field for Fair Market Value Benefit Provided. We started out tracking both directions of flow as you put it in the single Fair Market Value field. They we ran into a use case where we offered In Kind Sponsorship packages where local orgs could donate food/goods for our Gala, required two FMVs for one record. At this point, we *had* to split in two fields. Then we had some clean up to do moving previously entered FMV to the new FMV Benefit Provided field.
