Back to the Knowledge Base

Knowledge Base Article

How to Add Sponsorships to Your Auction

Sponsorships are gifts from businesses or people who support your auction. Argenta lets you record both cash sponsorships and in-kind sponsorships, which are donated goods or services.

Where to Find Sponsorships

  1. Open your auction
  2. Click Sponsorships in the workspace menu

Adding a Sponsorship

  1. Click Add A New Sponsorship
  2. Enter the sponsor name and contact details
  3. Choose the sponsorship type, category, and level
  4. Enter the amount for a cash sponsorship, or mark it as in-kind for a donated item or service
  5. Set the status so you can track where the sponsorship stands
  6. Save the sponsorship

Cash and In-Kind

  • Cash sponsorships add to your auction income totals
  • In-kind sponsorships are tracked for your records but are not counted as cash, since no money changes hands

Seeing the Totals

Your sponsorships roll up into the Budget & Financials summary, so you can see how much support your auction has brought in.

Reconnecting…