What is split a pledge in SAP (FI - Financial Accounting)?

SAP Term: split a pledge

• Component: FI

• Component Name: Financial Accounting

• Description: To divide the pledged amount into several bills of exchange payable.

Smart SAP Assistant

• Key Concepts: 
  Split a pledge is a feature in SAP Financial Accounting (FI) that allows users to divide a single pledge into multiple pledges. This feature is useful for organizations that need to track pledges from multiple sources, such as individual donors or corporate sponsors. It also allows organizations to track the progress of each pledge separately. 
  
  How to use it: 
  To split a pledge in SAP FI, first navigate to the “Pledges” tab in the Financial Accounting module. Select the pledge you wish to split and click “Split Pledge”. Enter the amount you wish to split off from the original pledge and click “Save”. The original pledge will be reduced by the amount you entered and a new pledge will be created with the remaining amount. 
  
  Tips & Tricks: 
  When splitting a pledge, it is important to ensure that all relevant information is included in both pledges. This includes donor information, payment terms, and any other relevant details. Additionally, it is important to keep track of both pledges so that payments can be tracked and accounted for correctly. 
  
  Related Information: 
  For more information on splitting pledges in SAP FI, please refer to the SAP Help Portal or contact your local SAP support team.