Topic:
What transaction types or items are used to calculate the revenue for my event?
Solution:
Any charge or credit that is generated on an attendee record, either manually or by the system, is going to affect the revenue for your event.
These transaction types include:
Original charge for any event fees incurred at the time of registration.
Adjustment Due to Changes in Fees - Credit or Charge for changes made to fees after initial registration.
Credit Due to Cancellation – Adjustment for when either the attendee cancels his/her registration, or when the entire event is cancelled.
Other Charges – Manual charge created by the administrator (example: cancellation fees)
Other Credits – Manual credit created by the administrator for discounts to certain attendees (example: discount added for preferred customers)
Additional Information:
All other transaction types are considered Cash Items and they do not add or subtract from your revenue in your event.
Related Links:
Keywords: transactions, revenue, ROI, money, Balance, Credit, Refund, Charge, Revenue, Revenue, Revenue, Charges, Credits, Bookkeeping, Accounting, Book-keeping, Balancing, Balance Sheet, Sheets,
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