Number of Payments

If the donor did not specify a total pledge amount and the Unspecified Amount checkbox is selected, the Payment Schedule is set to O, the Number of Payments is set to 1, and both columns are not available.

Positive numbers are required in this column.  If you enter a negative number and click OK, the following message is displayed: "Negative numeric value not allowed in promise_master.tot_num_prms_pmt."

Enter the total number of expected pledge payments, regardless of the type of payment schedule defined. At least one (1) payment can be expected.

Three items are required to set up a pledge:

1.         Dollar amount of total pledge

2.         Number of payments to be made

3.         Amount of each payment

 

Using the following equation, the computer calculates the payment amounts when you supply the other two values:

Total Pledge $

/

# Payments

 

=

Payment $