Distributions - Use net asset balance rather than total asset balance
Is it possible to include an option to use net asset balance rather than total asset balance in the distribution calculation? Our spending policy says to use net asset balance. Thank you!
17
votes
Anonymous
shared this idea
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Matt Greer
commented
Having the ability to select which asset accounts to include would also be beneficial. Or the ability to select which asset accounts less which liability accounts.
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Julie Cole Mecum
commented
If a fund has significant grants payable or pledges receivable, using the asset balance instead of net fund balance really skews the spendable amount. This is especially problematic with our scholarship funds that make 4-year commitments to students that we book as payables.
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Wilson Simmons
commented
This seems obvious, surprised this hasn't gained more traction.