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  3. Types of billing plans:

Monthly Recurring Billing Plan

An overview look at plans that recur monthly!

Check out this overview video:

  • What does "Between Dates" or "Next Month" mean when setting recurring payment parameters?

    • For "monthly": it represents what they are paying for (Display Only)
      • Between Dates = When the schedule displays the paid/unpaid symbols, it will display "between dates" - see example below:
        • Example: Billing is on the 15th of every month, so the "checkmark" icon on the lesson that means "paid", or the "x" icon for unpaid, will be displayed from the 15th of the current month until the next billing cycle (next 15th). 
      • Next Month = When the schedule displays the paid/unpaid symbols it will display next month - see example below:
        • Example: Billing is on the 15th of every month but it is actually paying for lessons next month (collecting in January for lessons in February; collecting in August for lessons in September, etc).  So the "checkmark" icon for "paid" or the "x" icon for "unpaid" will be displayed from on all lessons in the next month (following month after paid date).

 

Find more information on "variable 5th week billing" here!