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If you have written off pledges in your legacy system but need to have it reflect accordingly in Axiom, you are able write-off a pledge in Axiom (accounting) without impacting the GL.
- Perform the write-off for the pledge on the General tab of the Pledge detail screen.
- The write-off adjustment creates a pledge installment and your business office can then set the installment’s Suppress JE = YES prior to posting the installment.
- Post the installment. The posting procedure posts the installment but does not create a journal entry, causing no impact to the General Ledger.