Verifying the dues/subscription deferral term

A critical step in processing dues and subscription deferred income transactions is verifying the deferral term. The Begin Date on which the dues or subscription product goes into effect and the Paid Thru ending date, when the term expires, determine the deferral term for any single line item.

The projected dues/subscription term is initially established when the item is billed and displayed on the Dues/Subscription Item Detail window.

To view the projected dues or subscription term

1. From Customers, select Manage customers to open the Manage customers window.
2. Open a customer's record.
3. Select the Billing tab.

Note: PAC is never deferred.

4. Double-click on a line item in the Billing tab to display the Dues/Subscription Item Detail window.

The Period (or Begin Date) in the Last Billed section of the Dues/Subscription Item Detail window projects the date that the income begins to be recognized.

The projected term across which the income will be evenly distributed is represented by the number of months between the Period or Begin Date and the Thru or Paid Thru date of the line item.