How do I use the System Option of Fundid in IdCode?

This option will allow the Fund ID value to flow to the ID code field of the contact.

When this feature is turned on, when you click the new button while on the contact tab in the fund module, the fundid value will flow to the idcode field of the contact.

The value is turned off by default.

Some foundations might have set up profiles for each of their funds and used the fundid code as the profile id.  This is frequently done in foundations with alphanumeric fundids since these values won't conflict with existing profile idcodes.  These profiles are typically used in processing interfund gifts and grants.

In this area, having a contact record associated with the fundid allows for the association of notes to a fundid and not a profile.  Sometimes it is not appropriate to assign the comment to an individual since the conversation or note being recorded is better associated with the fund.

Turning this option on will cause the fundid field to populate the idcode automatically and save the user the time in entering the fundid code.

You should not turn on this option if you don't have idcodes set up for your funds, nor should you turn it on if you primarily associate contact records with people or organization profiles.