To process an installment pledge
Scenario: A customer wants to make an installment pledge for $1000 to be paid in monthly installments.
Note: If you select an installment pledge; select a down payment; and the customer is paying by credit card, only the installment down payment is charged to the credit card. The remaining installments populate on the Process customer requests and Payment Entry windows for payment at a later date.
The credit card is not automatically billed monthly.
You do not have to click the down payment option, if the customer is paying with cash or check at a later date. Individual installments for a pledge populate on the Central Processing and Payment Entry windows until paid.
Note: Although you predefined the Distribution, you can override the value by manually entering a different combination of a fund, appeal, or campaign if your setup allows.
Note: If the customer is making a credit card payment, you must select Pay a downpayment or when you return to the Enter and edit gifts window and you click , a message informs you that you must first select the Pay a downpayment option.
10.6 Production Release. Updated 10/5/2005 3:44:27 PM
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