Can I apply a pledge payment as the gift part of an interfund?

You can not pay an pledge with an interfund at this time.  Since pledges are supposed to be paid for with new money coming from an individual or organization outside the foundation, very few allow other funds within the foundation to fulfill pledge obligations.

If this is still desired, then you need to do the transactions separately.

• Enter and post the Pledge from the Pledge Module. Be sure to modify any GL accounts as desired before posting.
• Enter and post the Grant from the Grant Module. Be sure to modify any GL accounts as desired before posting the Grant Voucher.
• When the payment is received, enter a regular Gift in the Gift Module. Again, modify any GL accounts as desired before posting.
• Neither the gift nor the grant will be identified as an Interfund when reports are run, but you can process the transactions through the Interfund GL accounts.

Note: These transactions will not show up in the Interfund Module.