For a monthly payment schedule with First Payment Date of 09/15/xx, pledge transactions will be dated 10/15/xx, 11/15/xx, etc.
This column indicates the expected date of the first payment. Calculation of future payment dates is based on this date.
If no date is specified, the following default payment dates will be applied:
· If the current date is before the 15th of the month, the date applied will be the 15th of the current month.
· If the current date is set after the 15th of the month, the date applied will be the 15th of the next month.
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For a monthly payment schedule with First Payment Date of 09/15/xx, pledge transactions will be dated 10/15/xx, 11/15/xx, etc. |
The date in this column will also be the 15th of month for any pledges/pledges received from CRM Constituent in JICS.