|Payment||Payments are the checks, cash, and credit card charges your organization collects.|
|Order||Orders are collections of items that a patron purchases via a Sales Method (Daily Sales, Advance Sales, Group Sales, or Online Sales)|
|Pledge, Recurring Gift, Matching Claim||Pledges, Recurring Gifts, and Matching Gift Claims are promises that constituents make to make a payment for a gift. Often times these are paid at a later date.|
Applications help us to tell where that payment, order, or pledge is going. For example: if you check membership beneath payment, your smart field will be counting membership payments.
Here is are example images of two common settings under Transaction type/Application for donation revenue:
- Payments Received Only: This first example counts payments received only. Note: We recommend selecting Donation under Order to count any donations received via Daily Sales, Advance Sales, or Online Sales.
- Pledges and Commitments: The second example counts initial pledges and commitments, but does not count any payments on the pledges or commitments. Note: We do recommend counting recurring gift payments instead of the initial recurring gift commitment. The ongoing payments are more reflective of the constituent's giving.