Edit a pledge

  1. From a pledge record, under Tasks, select Edit pledge or Edit posted pledge.

  2. Edit the information as necessary.

    Note: If you edit the pledge amount, certain associated records might be affected. For more information, refer to Edit Revenue Amount.

    • If there are unpaid installments remaining, under Installments, edit the schedule or designations of the remaining installments as necessary.

    • If there are unpaid installments remaining, the Next installment date, Frequency, Installment amount, and No. installments remaining fields are enabled. Edit the schedule as necessary.

  3. To change the designations for an installment or the amounts applied to installments, select Edit installment designations.

    Warning: When you edit the designations for a paid or partially paid installment, the program creates a new record of the payment application and deletes the existing application record. To avoid loss of information about the original application, such as solicitors or recognition credits, we recommend you record this information before you edit the designations for the installment. For information about the application record, see Payment Application Record.

  4. If the pledge posted to the general ledger, the Adjustment details frame appears. When you edit a field that affects the general ledger, such as Amount or Designation, these fields are enabled so you can enter information about the adjustment.

    • Enter the dates to associate with the adjustment and the posting of the adjustment to the general ledger.

    • In the Adjustment reason field, select the reason code to explain the need for the adjustment.

    • In the Adjustment details box, enter any additional information about the adjustment.

      Note: If you edit the designations of a paid installment that has posted to the general ledger, the Edit application adjustment details screen appears when you select Save. From this screen, you can enter information about the adjustment. For information about how to enter adjustment information, see Edit the Adjustment Details for a Payment Application.

  5. Select Save.