Split Payment Amount
Flex2 Flex Forms and Stream2 Forms have an additional field in each pricing configuration for a Split Payment Amount. This feature eliminates the need to manually split transactions in Tessitura, which can save your team a ton of time! The Split Payment Amount can go into a selected Fund or On Account Payment Method.
Tax Deductible Fund and Non Tax Deductible Fund
Say your organization is selling tickets to your Spring Fashion Show where patrons can purchase a table for $3,000. $150 of the $3,000 is not tax deductible. Split Payments allows you to assign the two amounts to their correct funds automatically. When the transaction is processed in Tessitura, $2,850 will go into tax deductible fund and $150 will go into a non tax deductible fund.
Ticketing and Non Tax Deductible Fund
Split Payment Amount can also be mixed with a Tessitura Performance and PriceType. This allows you to sell a seated GA ticket while also splitting a portion of the total into a tax deductible fund.
Say your organization is selling ticket(s) to your Student Benefit Auction Dinner where patrons can purchase 1, 2, 3, 4, 5, etc... tickets. Each ticket is $25 equalling the goods received. In this case the dinner. When you include the donation amount, the overall price for 4 Tickets priced at $800. Of the total $800, $700 is tax deductible. Split Payments allows you to assign the $700 tax deductible amount to the correct fund automatically. When the transaction is processed in Tessitura, $100 will go to the tickets (4 X $25) and $700 will go into a tax deductible fund.
You can use different combinations of On Account, Ticketing, or Funds to customize where you the different amounts to go in Tessitura.
If an add On Donation is included on the form, it will be processed into the fund or on account that is selected on the Add On Donation form.
Within the pricing configuration collapsible on a Flex2 or Stream2 form, you will see a Split Payment Amount and Fund or On Account Payment Method options. All you need to do to make use of Split Payments is enter in the amount and the fund where that amount should go.
Split Payment Amount Conditional Content and Tokens
Your Message Manager can communicate all the details using Split Payment Amount Message Manager tokens and conditional content:
Split Payment Primary Amount: %split_payment_primary_amount%
This comes from the Price field on the form.
Split Payment Secondary Amount: %split_payment_secondary_amount%
This comes from the Split Payment Amount field on the form.
Message Manager Conditional logic for Split Payment Amount:
The tax deductible amount is $%split_payment_primary_amount% and the non tax deductible amount is $%split_payment_secondary_amount%.
For additional information about Message Manager tokens, please click here.