Hi, I am wondering how other companies are handling the spending of temp restricted donations in Financial Edge. We recently converted to Financial Edge and are using our Funds as classes (Fund 01=unrestricted, Fund 02=temp restricted, Fund 03=Perm restricted). When we spend a temp restricted donation...

I'm new to the Blackbaud software and new to non-profit accounting. Is there anyone willing to explain to me what is the best utilization of Class, Project, and Grant classifications within Blackbaud? Currently class is just showing restricted, unrestricted, temporarily restricted. Projects are sometimes...

Hi Kay! Your main options for closing are located under Configuration, Funds in General Ledger. You can set up different closing methods per fund. If you open a fund, you can see you have the option to preserve details after closing. The benefit of selecting to preserve details for your projects is that...

Hi, In Dec. 08 we transferred an amount from Unrestricted to Endowment. However, we found out that only part of the entries was done and so even though the funds balances was changed the batch itself was not posted as validation failed. How do we correct this error now as the period is closed and trying...

I will need to reclass some projects from temporarily restricted to unrestricted. I've read solution BB375476 but remain a bit confused. The solution says to create new transfer accounts to use for the release of the funds, but to stay within the same GL fund. Can you have both restricted and unrestricted...