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Fees/Dues: The money that members pay for their memberships. (Andrew: I like fees more than dues because it lines up with fee items well)
Term | Meaning |
|---|---|
Bill/Run Billing: | Two-part action of telling members they owe money and collecting it from them. Both parts can happen simultaneously. Consideration. What makes the most sense in reference to the date of someone's next charge? Currently Next Bill Date. |
Frequency: | Interval between charging/billing/invoicing members for their memberships |
Fees | The money that members pay for their memberships. |
Types of Memberships
GrowthZone works best with the three types of memberships listed below. Each membership type can be customized, but you will be able to take advantage of automation and more advanced features if your memberships generally align with these types.
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Members are charged based on the date they joined your association. This is similar to car insurance, where you may pay every month or quarter based on the day you bought your car.
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Members are charged based on a date set by the association that typically aligns to with the association's fiscal year. When a member joins members join the association, they'll be charged a prorated set of dues to cover their membership to the set date. After that, they'll be on the same schedule as all other members.
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