Carried balance is based off of the most recent balance available prior to a goal’s fundraising start date. there are two situations that can occur with that:

• The fundraising start date has passed and there’s a balance for the previous month:
  the carried balance is what it is; at this point things are as accurate as they will ever be.
• The most recent balance is earlier than the month before the fundraising start date:
  the future carried balance needs to be approximated by multiplying a monthly net change by the number of months between the balance and the fundraising start date. (Your Liaison can see this in action in the monthly balances tool).

The previous goal is used for determining monthly net change.

There’s a known issue with balances being incorrectly projected when there’s a gap in employment… not a common issue, but worth noting.

After the most recent balance prior to fundraising start date is grabbed and possibly projected, that value is increased by adding back in an estimate for admin and credit card fees from the target goal so that it can be directly deducted from the goal.

Carried balance does not account for real-time giving prior to the fundraising start date—it’s an approximation based on a balance, so can be expected to update once a month until the month prior to the fundraising start date is available, at which point it is what it is.