Description
The luFund lookup table defines funds that your organisation collects pledges and donations for. For example, the Building Fund.
It is used in conjunction with the Sub Ledgers sub-tab of Synergetic Financial Configuration to set up the automatic allocation of electronic banking payments against pledge receipts. See Configuring automatic pledge allocations in the Debtors manual.
Examples
Fields
Field |
Description |
---|---|
Code |
Unique code for the fund. |
Description |
Description of the fund. |
GLCode |
General ledger code the fund is allocated to. |
GLSubAllocationCode |
General ledger sub-allocation code the fund is allocated to. |
DefaultAppealCode |
The default appeal code of the fund. |
FundCode |
The fund code. |
ActiveFlag |
Select if this fund can be used in your organisation. |
AutoPledgeAllocate BPAYFlag |
Correspond with options from electronic banking to specify which payment types can automatically allocate to pledges. |
AutoPledgeAllocate DirectDebitFlag / AutoPledgeAllocate CreditCardFlag / AutoPledgeAllocate OtherFlag |
Select to automatically assign excess debtor payments from the payment type to any pledges towards this fund. Payments are only assigned to pledges:
The amount assigned to pledges is equal to the to the next instalment amount of the oldest pledge of this fund. Note: Payments are assigned based on their Statement Date. If there is an outstanding debtor payment with a statement date before the pledge statement date, the debtor account is paid first and the excess is allocated to the pledge up to the amount of the outstanding instalment amount. Any excess payment after the pledge payment is allocated to:
|
AutoPledgeReceipt AllocationPriority |
Order in which funds are automatically allocated to from electronic payments. Funds with higher values in this field are allocated first. Note: The automatic allocation order also depends on fee categories and statement dates. See Configuring pledge allocations for electronic banking in the Debtors manual. |
Last modified: 3/09/2013 6:35:14 PM
© 2013 Synergetic Management Systems. Published 15 October 2013.