Multi-Payment Recommendations

Multi-Payment Recommendations

Note: This functionality requires configuration in both FIMS and DonorCentral.

You can configure grant recommendations on your DonorCentral site to include multi-payment recommendations, which enables grant amounts to be divided into multiple payments. Advisors can use this feature to commit a specific amount of money to grant out over a period. For example, an advisor can grant out $100,000 over a 10-year period at $10,000 per year.

Step 1: Configure in FIMS

A DonorCentral option is available in the Suggestions section so you can create one grant with multiple payment lines or multiple grants, each with one payment line.

1. Select Tools, System Utilities, DonorCentral, DonorCentral Options.

2. In the Suggestions section, choose Multi_Payment_Type.

3. Choose how you want to create multiple payments:

• To create multiple lines on one grant, select One Grant.
• To create multiple grants with one line each, select Multiple Grants.

4. Select OK.

Step 2: Configure in DonorCentral

1. Select Control panel, Site configuration, then select Options.
2. Under Grant recommendations, select Allow multi-payment recommendations.
3. Select Apply changes.

Note: When using the multi-payment recommendations option, do not select the Allow donors to recommend and manage recurring recommendations option. It is not recommended to use both recurring and multi-payment at the same time. If you choose both options, be sure to educate your users about the differences between them and when to use each.

Step 3: Create a suggestion and add multiple payments in DonorCentral

On the Grant recommendation form, advisors can split the total grant amount over multiple payments and specify the Number of payments and the payment frequency.

Step 4: Import Suggestion into FIMS and Create Grant Application

Import DonorCentral Suggestions into FIMS as described in Import into FIMS

After creating the application, the multi-payment grant that was created in DonorCentral displays in FIMS.