A Product is what the donor is paying for when they make their contribution. Normally it would be a Donation, but could also be a Subscription (e.g. if you have a membership scheme), a Raffle ticket, a Book.
Products are set up and managed within the Settings area. Within the Product'ss settings you can assign:
If it is Active or not
The eligibility for Gift Aid at the Product level
A default Fund (optional)
Accounts Interface Code - this will be exported as part of the Accounts Download process
If it should be included in the Giving Summary statistics or not - see Giving Summary Stats
Whether it is a Membership Product or not - Setting Up Membership Products
There are no limits to the number of Products that can be created.
To add a Product
Open Settings > Configuration > Products
Click on the + icon to the right of the screen and the form below will be displayed:
Enter the description for the Product being added
Ensure it is set to Active
Add the additional detail as required:
Default Fund
Potential Gift Aid-able
Accounts Interface Code
Inclusion for Giving Summary stats
Click on Save Changes
The Product will then be available for use when adding a Transaction to your Donorfy. The field selection for the Product is within the Transaction Allocation section:
Reporting on Products in Transaction Lists
Products can be used within a Lists Filter options and added as a field In your List, for example:
To add the data field, click on the data field selector icon, and type 'Product' into the search field - the options will then be displayed:
The Donorfy Academy features a learning course for Financial Settings - enrol here