Our parent organization administers several annuities for us and we receive a % reevaluation on each of them at our fiscal year end. Historically, these reevaluations have been entered as cash gifts to the individuals records. That is fine execpt that all of the annuities have DEVALUED this year and we can't add negative values in RE.

 The orginal gift should have probably been set up as a "pledge" type gift, but our organization tracks pledges as hard cash income and not the payments on the pledge, so that would not work for us.

 Any advise on how to track? Thanks

Ingrid.

Actually, we're not allowed by our auditors to change the value of planned gifts after the initial entry because it was counted as revenue when it was booked and changing a previuos year's revenue after audit is a huge no-no.

This sounds like something that should not be tracked at all in RE on the development side. We revalue all of our planned gifts annually - but the data in the database does not change. It is all handled with the auditors on the Finance side. (I keep a spreadsheet outside of RE) This should be handled exactly the same way finance revalues receivables annually in my opinion.