I'm on a project where the organization receives corporate donations to offer scholarships for their summer arts camps. When eligible students are found, their event registrations are paid via scholarship. For the donation side, it will come in as a Check or other pay type, and we'll use a "Scholarship" Financial Type. For distributing that money, I think a Payment Instrument of "Scholarship" is best, as the scholarships could be full or partial, with the remainder paid by other means.
So doing this means I can track how the money comes in and is allocated, and I'm guessing the bookkeeper will be keeping an eye on the balance. However I'm a bit stuck accounting-wise for how to present it to her. What kind of Financial Account Type makes sense to go with my new Financial Type and Payment Instrument?
Does this method even make sense, or should I consider using CiviDiscount instead?