Pledges are often paid in installments over a year or more. In this case, an organization may be required by accounting standards to discount the amount of future pledges to their present value for reporting purposes.
Contact your accounting department to determine if and how your organization complies with this requirement. For each Fundraising Campaign, you can configure whether or not future pledge payments are discounted to present value.
Aptify supports the following discounting option for Fundraising Campaigns:
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