The ACS Contributions module maintains complete giving records for all contributors. These records include both regular contributors with and without pledges and one-time givers.
The Contributions module integrates with the individual records of the ACS People module, eliminating the need to enter contributor records twice. You can also configure the Contributions module to post your general ledger distributions directly to the ACS General Ledger module, and you can enter pledges at any time during the year.
Do you know which version of Contributions you use?
Contributions year-end procedures differ for ACS 10.6 and ACS 11.0 and above.
For example, in ACS 10.6, you must close the year in Contributions before you can enter any contributions for the next year; however, in ACS 11.0 and above, you can enter future contributions at any time. In ACS 11.0 and above, you no longer need to clear posting or close the year. Instead of closing the year, you can summarize contributions data, which is much like summarizing data in the Financial Suite.
If you are not sure which version you are using, in ACS, click Help > About.