A pledge is a promise to make a donation to the organization. For example, a constituent may pledge to give $1,000 to the organization in response to an appeal card sent to all constituents as part of a campaign. Record the pledge in the database as expected revenue by creating a new pledge record. This record contains the information required to manage the pledge, for example, the installment schedule and the remaining balance due for the pledge. Pledge records can also contain information about the pledge amount, designations, soft credits, and benefits associated with the pledge, and payment methods and attributes. A pledge can be paid in a single installment or in multiple installments. Regardless of whether a pledge is paid in single or multiple installments, you must create a new payment record for each pledge payment received.