Difference between revisions of "A few clarifications about subscriptions and Effective-From/To Dates"
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# Once posted, a subscription cannot be deleted (unless our developers manually update your database, and support fees will apply)<br/><br/> | # Once posted, a subscription cannot be deleted (unless our developers manually update your database, and support fees will apply)<br/><br/> | ||
# If the Effective_From date is earlier that the start date of the current billing cycle, the system will pro-rate charges for the prior billing period back to the Effective_From date.<br/><br/> | # If the Effective_From date is earlier that the start date of the current billing cycle, the system will pro-rate charges for the prior billing period back to the Effective_From date.<br/><br/> | ||
− | # When an Effective_To date is entered and billing has already occurred for the period beyond the Effective_To date, the system will pro-rate a credit for the over-billed charges back to '''the day after''' the Effective_From date or the start of the billing cycle period, whichever is later.<br/><br/> | + | # When an Effective_To date is entered and billing has already occurred for the period beyond the Effective_To date, the system will pro-rate a credit on the next Invoice cycle Run for the over-billed charges back to '''the day after''' the Effective_From date or the start of the billing cycle period, whichever is later.<br/><br/> |
# When a subscription is entered with the same Effective_From and Effective_To dates, the system will still create a charge for at least one day.<br/><br/> | # When a subscription is entered with the same Effective_From and Effective_To dates, the system will still create a charge for at least one day.<br/><br/> | ||
# If you enter a new subscription and generate an invoice, the system will bill ahead one month’s recurring charges (assuming that the recurring charge period is monthly); if you post this invoice, and then enter an Effective_To date for the same day as the Effective_From, then on the next invoice run, an invoice will be generated with a credit per point #3 above.<br/><br/> | # If you enter a new subscription and generate an invoice, the system will bill ahead one month’s recurring charges (assuming that the recurring charge period is monthly); if you post this invoice, and then enter an Effective_To date for the same day as the Effective_From, then on the next invoice run, an invoice will be generated with a credit per point #3 above.<br/><br/> |
Latest revision as of 14:22, 22 February 2017
A few clarifications about subscriptions and Effective-From/To Dates
- Once posted, a subscription cannot be deleted (unless our developers manually update your database, and support fees will apply)
- If the Effective_From date is earlier that the start date of the current billing cycle, the system will pro-rate charges for the prior billing period back to the Effective_From date.
- When an Effective_To date is entered and billing has already occurred for the period beyond the Effective_To date, the system will pro-rate a credit on the next Invoice cycle Run for the over-billed charges back to the day after the Effective_From date or the start of the billing cycle period, whichever is later.
- When a subscription is entered with the same Effective_From and Effective_To dates, the system will still create a charge for at least one day.
- If you enter a new subscription and generate an invoice, the system will bill ahead one month’s recurring charges (assuming that the recurring charge period is monthly); if you post this invoice, and then enter an Effective_To date for the same day as the Effective_From, then on the next invoice run, an invoice will be generated with a credit per point #3 above.
- So if you do post an invoice and then realize that a subscription was billed in error, the recommended procedure is to enter the billing cycle period end date as the Effective_To date of the subscription and issue a manual credit for the charges in error. That way, the invoice will be credited and no new charges will be generated for that subscription on the next billing cycle.