Financial edge and raiser's edge integration (m packard uc15)

FINANCIAL EDGE AND RAISER’S

EDGE INTEGRATION TIPS

Presented by: Mike Packard, Senior Consultant

Blackbaud K-12 Group

What and Why?

• Financial Edge/Raiser’s Edge Integration is a

feature that enables enhanced functionality

between General Ledger and Gift transactions

in The Raiser’s Edge.

• Integration saves time and increases

transparency and accountability for the Finance

Office and Development Office.

• Using Account Attributes, expense accounts can be identified in categories that pertain to your educational/organizational programs and, in conjunction with Accounts Payable, produce Accountability Summaries for your donors.

• Identifying a General Ledger Transaction Code for Raiser’s Edge, you can enable gift posting and Appeal/Event expense tracking in Raiser’s Edge

What, Why?

How?

Database Linking

Accountability Options

Tracking Appeals and

Events

Some Recommendations

• Identify active RE Funds and inactivate the rest.

• Be sure all gifts prior to Go Live are marked Posted or

Do Not Post.

• Consider how you will track cash payments made

through merchant service providers.

• Identify how your internal processes will change and

document the processes for Policies and Procedures.

More Recommendations

• To use the optional Accountability Summary, identify

expense categories that should be represented in

reporting summaries.

• To use the optional Appeal and Event Gift and Expense

Tracking, consider how configuration and processes in

Financial Edge will change and document those in

Policies and Procedures.

• Identify the General Ledger account distributions for all

Raiser’s Edge Gift Types that you journal.

• Consider always using gift batches for entry in Raiser’s

Edge so nuances in posting to General Ledger can be

handled appropriately.

• Identify who will run the Post to General Ledger process

and how often it will be done.

• Test your processes before going live

And More Recommendations

Begin with the Fund

Create Interfund Transfer Entries If Needed

Review Post Options and Post

Preview Post Report

Review Batch Created in General Ledger

Adjustments Can Be Applied

You Can Drill to Gift Transaction

Accountability Tracking: Gift Given To Fund linked to

Project

An Invoice is Created in Accounts Payable

Invoice is Distributed to Project Linked to Raiser’s Edge Fund

Expense Account has Accountability Attribute

Accountability Summary Example

Set up in GL for Appeal and Expense Tracking

Define Table values for existing

appeals and events.

New Appeals and Events added to

Raiser’s Edge will create new

T Code Table entries.

Invoice is created in AP with GL Distribution Including T Code

Transactions Display in Raiser’s Edge Appeal or Event

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