Knowledge Base Article
How to Add Sponsorships to Your Auction
Sponsorships are gifts from businesses or people who support your auction. Argenta records both cash sponsorships and in-kind sponsorships (donated goods or services).
Where to find sponsorships
- Open your auction.
- Click Sponsorships in the workspace navigation.
Add a sponsorship
- Click Add A New Sponsorship.
- Enter the sponsor and their details.
- Choose the sponsorship type, category, and level.
- Enter the amount for a cash sponsorship, or mark it in-kind for a donated item or service.
- Set the status so you can track where it stands.
- 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
Sponsorships roll up into the Budget & Financials summary, so you can see how much support your auction has brought in.