One sponsorship level with 2 companies paid for by 3 entities
We have a corporate sponsorship program that businesses pay a once a year amount and it covers our 2 events plus annual gift. There is one group that gets acknowledged as company A & B shared sponsorship, but 3 entities pay. For example the level is $5,000.00 with a breakdown of : $2500 for event 1, $1500 for event 2 & $1000 for annual donation. Only Companies A&B get listed as the sponsor (and they are in fact 2 different companies). They pay however in this manner: Company A pays $1500, Company B pays $1500 and the individual who is our contact for both pays $2000 and is not named/listed.
My question is this....what is the best way to enter these pledges/gifts for clean reporting? or is there a way to do it without simply having the knowledge that company A&B get the full listing rights as the $5k level? In the past I've booked 1/2 under company A and 1/2 under company B and simply applied the various payments towards those pledges and had notation in records for how to list and manipulated reports so as not to double report.
My question is this....what is the best way to enter these pledges/gifts for clean reporting? or is there a way to do it without simply having the knowledge that company A&B get the full listing rights as the $5k level? In the past I've booked 1/2 under company A and 1/2 under company B and simply applied the various payments towards those pledges and had notation in records for how to list and manipulated reports so as not to double report.
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