Video: Assessments Overview An overview of how assessments work in DonorWise, including a look at the 6 different places Assessment Schemes appear in DonorWise. Help topic(s) related to this video: Read More > Assessments View > DonorWise Videos...
Session Closing the Accounting Period Related Help Topics Periods and Closing Objective Learn how to close the accounting period. Pre-requisites You must have all batches entered, approved, posted, and confirmed. As the period draws to a close, DonorWise...
As the period draws to a close, DonorWise automatically checks the closing procedures to ensure they are all complete before the period can be closed. One of the closing requirements is that the accounting period cannot be closed until the month is finished...
Payment Types are the methods in which donations arrive. Four are defaulted. Except for the TRANSFER payment type, you can add, modify, or delete any of these payment types. Because certain payment types may have a fee associated solely with that system...
A donation system integrates with a General ledger through account numbers. Every donation and assessment must post to the General ledger accounts. Integrated The chart of accounts will populate automatically from the General ledger. Non-integrated You...
DonorWise is built to handle the variety of currencies your ministry may process. Base Currency Defined in the System Setup, the Base Currency is the currency used in the General ledger. Other currencies are expressed as units of the base currency. Read...
This topic is available on video! View > Video: Assessments Overview An assessment is a portion of a gift allocated towards administration. Since administration does not generally have designated funding, they are funded via a portion of the gifts...
The Accounting features of DonorWise ensure that the financial data in DonorWise is accurately recorded and posted in your ministry's financial system. Most of these items are setup during the initial setup and not again. Settings can be modified on individual...