Foundant's Community for Philanthropy
Hi, I'm trying to find a way to record a funds 2024 spendable to another fund as Deferred Revenue. We've been granted XXX dollars from this year to spend on an IT upgrade that will happen in 2025. To keep our budget balanced, I would like to defer the revenue until next year when the expense will take place. Any…
Any recommendations for posting a donation to an endowed fund's next fiscal year's spendable? We don't want the funds posting to either principal or current year spendable. Support suggested that I post-date the donation to the next fiscal year, but doesn't sound like a good fix. I'd like to post to a deferred revenue…
