Click on Planned Year Charges | Payment Surcharges

A list of Payment Methods will appear.

Double Click on one to view the details.

Payment Method                = A method of payment.

Description                        = Description of method.

Frequency of Payments        = How many times in the subscription year the payment will be made.

No. of Payments                = The number of payments to be made.

Percentage                        = The percentage surcharge to be added to the subscription notice for using the                                           method of payment.

Amount                        = The amount surcharge to be added to the subscription notice for using the method                                           of payment.

Surcharge Nominal                = The nominal code where the surcharge amount / percentage will be lodged.

Distributable                        = If the amount / percentage is to be distributed over the period of time allocated in                                            No. of Payments.

Use as Default                = The Default method of payment.

The Default Method of Payment is usually a single payment, ie. a member pays in one payment annually.

We can set different methods and apply a surcharge for using it.

Example:

The Payment Method                = Cash / Cheque

Description                        = Monthly Payment

Frequency of Payments        = Monthly

No. of Payments                = 12

This means that the items in the subscription, that are distributable, for a member who opts to pay over 12 months, will be distributed over 12 months.

Amount / Percentage                = we have opted here to surcharge an amount, this amount will be added to the                                           subscription notice when this method of payment is chosen.

An amount or a percentage can be chosen here.

Surcharge Nominal                = the nominal code where this amount will be lodged against.

Distributable                        = where the box is NOT ticked the whole amount will be posted in the first payment.

                                  where the box IS ticked the surcharge amount will be distributed over the chosen                                               period.