In Vision2, each donation will have gift record and a payment record.
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The gift is the intention of the donor to monetarily support to your organization. A one-time gift can be given immediately or scheduled for a future date. A gift can also be multiple instances set at regular intervals (weekly, monthly, etc.). This type of gift is called a recurring gift or a recurring schedule.
The payment is the actual funding of the gift. It is the tax-deductible amount that appears on the donor's statement.
For an immediate donation, the gift and the payment will have the same date
For a one-time scheduled donation, the gift date and payment date will be different
In the recurring gift, you will see the original gift date (date the schedule was created), the future gift dates, and all payment dates related to the schedule.
Please note: a new gift record will not be created for each instance of the recurring gift. Recurring gift payments will be tied to the original recurring gift record.
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