Billing Products Guide

This article shares details on how to work with billing products data.

Complexity

Beginner

EMS Compatible

Yes

iMIS 2017 Compatible

Yes

Actions

Insert, Update, Insert / Update

Warning! If you have any prorate rules set up on a billing product, when you run an update job, it will reset the prorate rule back to the default value of “Do not prorate.” This is a bug in iMIS and has been reported as a defect.

Mapping

Review the following required and optional mappings.

Required

  • Name - The name of the product.
  • Product Code - The ID of the product.
  • Type - The type of product.

Optional Fields

  • RECOMMENDED Description - The explanation / details of billing a product.
  • Deferred Income Account - The GL account associated with deferred income.
  • Discount Price - The discounted price for the product if set; often the member price.
  • Financial Entity - The entity associated with the product.
  • Income Account - The GL account associated with income.
  • Pay Priority - The priority order in which payment is applied.
  • Standard Price - The normal price for the product.
  • Term Span in Months - The number of months used to pay for the product.

Chapter Codes

When using the Billing Product (Code) for a chapter, you must add “CHAPT/” to the front of the code. Go to Membership > Chapters to find the list of codes.

Example: You need to update the East Chapter. The Billing Product (Code) would be CHAPT/EAST.