I am converting from pro to premier and want to set up classes for our major fundraisers. I already have income & expense accounts related to each fundraiser. How should I set these up?
You don't use Classes for fundraisers. You have a class named Fundraising, but the events are tracked as jobs under the customer named Fundraisers so you can do job-costing for each event. All of this is available in Pro - in fact, Premier Nonprofit offers no features needed by the vast majority of nonprofits (it has advanced inventory functions, but few nonprofits need that).
Can you give me more detail on how you job-cost for a specific fundraising event? If I create a customer called Fundraisers and then create a job called "Bingo night" then how do I enter donations that donor/customer give during the Bingo event (not related to buying bingo cards etc.) & have customer giving detal. If I enter the donation as income to Customer:Job, Fundraiser:Bingo night then I don't have a record of who made the donation.
It's not usual to track the names of people who buy event tickets - they get the event in exchange for the donation and therefore it's not usually a deductible donation (things received as value for a donation such as an admission ticket, a meal, etc. are not deductible)
Yes, I understand that the tickets or at least a portion are not deductible. But attendees also often make actual donations. They buy the ticket and then give an additional amount. I have Iven's book and am trying to follow it faithfully as I want to set it all up properly. But it seems to me if I want to track the donors in fundraising events then I must use classes. Do you have any other ideas on how to track this? Maybe setup sub-classes under the main fundraising class?
I am new to non-profit account (many years of for-profit accounting) but it would seem to me that you would want to track all donations and purchases made by donors not only as a way to report to the donor but also to assist with marketing efforts. Is that not the case?
Answers about how to track fundraiser income/expense seem to be split between using Classes vs. Customer/Job, but I would also like to track individual donors from fundraisers. We also get a lot of extra donations from fundraisers (on top of ticket sales), and we count that as income from that particular fundraiser. What is the difference between using Classes vs. Customer/Job?
