What is it?

Gifts and Grants can come in the form of multiple payments over a period of time. This allows you to record a Gift or Grant and then break out the expected payments.

What does it do?

• You can quickly create Installments for an Opportunity via a wizard
• These installments have their own Date, Amount, Check Date, Check Number
• Installments can be flagged as Paid or Written Off

• The Opportunity shows
• Total Paid
• Total Unpaid
• Next Payment Date

How does it help?

This addresses the problem of having to account for when a gift is promised and when the payments come in. Opportunities record when revenue is committed, and Installment Payments record when cash comes to the organization. This is powerful for tracking multi-part pledges, as well as multi-year Grants.