Handling Trade Process

Hello Friends!

We are trying to re-invent our process for handling sponsorship trade agreements, really focusing on the communication between our corporate team and accounting department. I was hoping to hear how some of your processes with trade and in-kind sponsorships!

Currently, we have our corporate team put in the trade agreement as a donation, then pay it off with a trade payment type. However, accounting still had to maintain an excel spreadsheet to track the agreements. We were thinking of potentially creating a pass, so we can easily track/ report on it. Or use the resource feature so we can have a balance, then pay it off once the commitment was fulfilled.

I hope this makes sense, and appreciate your input!!

1 Like