TypeForRenewalPledges

Initial Build	2011.01
Module	Fundraising
Current Setting Type	Drop Down List

Modules > Admin > System Options > Find System Option

Use this system option to specify the default fundraising pledge type for renewal pledges, as well as its associated invoice type. The default for this option is installment. The following are the types of pledges available by default:

• signed: creates a terms invoice with a full balance that will credit AR for the full pledge amount. Signed also creates an order schedule.
• installment : creates a verbal invoice. This choice does not create an A/R receivable until you apply the first payment, or you change the invoice from proforma to terms. This type of pledge is typically used for larger gifts such as in capital campaigns where you want to log the pledge as an open verbal pledge, but not book A/R. Later the proforma pledge can be converted to a signed pledge by adding a payment, or by clearing the proforma checkbox on the invoice.
• proforma: creates a pending signed invoice. Use when you want to recognize all revenue once you receive the first full or partial payment.

Note: If you change this option, you should also change the option for PledgeTypeList.

Current Setting

The current setting for TypeForRenewalPledges is used as follows:

Values: This system option can be set to one of the following values:

• signed

• verbal

• installment

Default Value: installment

Fields 

This system option includes the following fields:

Description: This field gives the description of the system option, including its use and default value.

Important! Do not modify the following fields after the system option is first created. Changing these fields after they have been used can invalidate existing data.

Category: This field sets the category (usually the module) where the system option is used.

Type: The Type field determines the display type of the Current setting field (check box, drop-down list, or text box).

Values: The values field indicates the allowed values for the Current setting field.

Availability

Each system option includes the following availability settings:

Entity Level Option?: Select this check box to make this system option available on an entity level.

Visible To External Systems?: Select this check box to make this system option available in xWeb.