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How do I prorate membership fees (when I have a fixed renewal date)?

Last post 08-03-2006, 10:57 AM by RegOnline Support. 0 replies.
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  •  08-03-2006, 10:57 AM 351

    How do I prorate membership fees (when I have a fixed renewal date)?

    Topic:

    If your membership is using the Fixed Renewal Date feature, then a member that does not register at the start of the period is not going to get a full year (or month, etc.) of membership.

    Solution:

    If you would like membership fees to reflect that the member is not getting a full period, calculate, and reduce charges appropriately, then you can use the payment Prorating feature.

    To turn on Prorating:

    1. Edit your membership and click on the Membership Form Pages tab
    2. Click on the Checkout page.
    3. Scroll down and click on the Advanced Payment Options.
    4. Check the box to Prorate Payments and save your changes.

    Example of Prorating with only one payment, at time of registration and renewal:

    Let's say your membership renews annually, and the fees are $1200, and the fixed renewal date is December 31. If a member registers on January 1, she will be charged the full $1200 for her first period.  If a member registers on July 1, she will only be charged $600.  If she registers on September 15, she will be charged $350.

    Example of Prorating with payments at selected intervals:

    Let's say your membership renews annually, and the fees are $1200, and the fixed renewal date is December 31, and the fees are paid through monthly payments.  If a member registers on January 1, she will be charged the full $1200 for her first period in 12 installments of $100.  If a member registers on July 1, she will only be charged $600, in 6 installments of $100.  If she registers on September 15, she will be charged $350, in one installment of $50 and 3 of $100.

    Additional Information:

    If you are using Proration in your Membership, recurring fees will be prorated if the member registers in the middle of the period.  Non-recurring (One-time) fees will not prorate – they will be charged in full on registration.

    Related Links:


    Keywords: Membership, Prorate, Prorating, Fixed, Renewal




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