DonorWise TM
Enhanced communication with donors, enhanced ministry credibility...

When my fiscal year starts in January, why is DonorWise posting into the next year with Dyanmics SL (Solomon)?

Table of Contents

It is our pleasure to provide this software free of charge to help you in your ministry.  We're so thankful for our partners who make this possible!

About TntWare

Page Details

First published by:
Troy Wolbrink
on 15 Sep 2014
Last revision by:
Troy Wolbrink
on 15 Sep 2014
This page has not yet been rated

When my fiscal year starts in January, why is DonorWise posting into the next year with Dyanmics SL (Solomon)?

Some organizations actually prefer this.  They may have changed the beginning of their fiscal year to start in January.  So after closing the previous year structure, they started new in January, but they started to use the next calendar year as their fiscal year, so as to not "recycle" their previous fiscal year.

DonorWise supports this situation by examining the GL Setup in Dynamics SL.  If your fiscal year starts in January, but you selected "End Calendar Year", it will assume you are using the next calendar year as your fiscal year.

If your first period is in January, but you don’t want the fiscal year to be a whole year ahead, select “Beg Calendar Year”.

 

Recent Comments

Leave the first comment for this page.
© 2024 TntWare, Inc. | Privacy | Terms of Use