Rock U - Finances - Pledges

Transcribed Video Content

So let's talk about pledges within Rock. So Rock allows you to not only capture pledges but also to process and to report on those pledges. So the first step is to have those pledges entered. Now, those can come in through cards then you can enter those through the internal site or, you can have people pledge online. And so this would be the page that's already automatically pre configured to pledge online. Now again, look at the block settings here. There's a lot of options here. One of course being the account that you're pledging to. But you can do other things show or hide these date ranges or pre fill them, with values or just hard code them to values. This is where you'd go in and and type in yourself. So it'd be under the finance tools. So it's a little dollar sign pledges. And then you can go ahead and enter those in by hand if they came in through your paper based system. Now, once the pledges are in, you can start using this these pledge analytics tools to kinda track the pledges and see, , how that that is going. And so those that's under finance pledge analytics. It allows you to kinda look at different, ranges to see, how many people are are on on track with their pledges and also to filter by people by percent complete or by pledge amount, or by amount given. So lots of tools within this pledge analytics to kinda see the status and the state of the pledging. Now, one of the important things that you want to look at when you think about pledging and this is a little bit confusing at first but actually makes a lot of sense if you think about it, is that each pledge cycle so for instance, if you pledge or have a pledge every year for say your general fund, it should have its own specific account. Okay? And that's because the gifts that come in as pledges sometimes come in early, but oftentimes come in late. So sometimes people are making up, their pledges outside of that pledge, duration that they entered. And if they don't if you don't have separate accounts for each one of those cycles, then it's hard to tell where that money is going to. And so take for the example a reoccurring yearly general fund. So if you use the same account for both years and someone gives maybe in January, but they really wanna apply it to last year's pledge, that can get very complex. So you definitely wanna have an account for each cycle or each period of your pledge. Now, a lot of times if you're doing a building campaign, that's that's pretty easy. It's more when you give to pledges on a yearly basis to a general fund that that can get a little confusing if you don't set it up correctly in the beginning. So point here, just set create a different account for each cycle or each pledge duration, that you're creating and you'll have no no problem. All the tools are built around that model and you definitely wanna follow that model, for success. And that's the pledge tools within Rock.