Search Again: Re: February 29th expiration From: Shawn Hogan Date: Wednesday, March 1, 2000 Time: 6:09:09 pm William Sommers wrote: >I'm having a bit of a tough time conceptualizing this as well. As are, I'm >sure, our customers when told that their "month" of service which began on >00:01 March 1 expires prior to the 31st. It wouldn't. If the customer signs up on the 1st and pays for a month of service, they would be good until the first of the next month. >For cycles which expire on the 1st through the 28th of a month, I can see >the logic. But... what's "exactly 1 month" from, say, January 31? What's >"exactly" 12 months from February 29? Agreed. *Luckly* there are a few laws that define it. If you sell something on a monthly billing cycle, and they pay for a month starting on January 31st, you have to give them the month + the difference in days. So for example in 2000 (because of leap year) they would be renewed on the 2nd of March. Of course, this could only happen once per customer, since there is always a 1-28th day in each month. Now you can of course twist it around to get around it, (by selling service on a daily basis instead. Or you can sell service from the 31st of December to the 31st of March as a quarterly service, only because March also has 31 days, etc. (Don't ask me who comes up with this stuff). - Shawn ------------------------------- Shawn D. Hogan President, Digital Point Solutions http://www.digitalpoint.com (858) 452-3696 ------------------------------------------- To subscribe, unsubscribe and list archive please visit http://www.optigold.com/lists -------------------------------------------

Messages In This Thread: February 29th expiration by Chiara Cubero on Mar 1, 2000 at 1:51:53 pm Re: February 29th expiration by Shawn Hogan on Mar 1, 2000 at 2:02:41 pm Re: February 29th expiration by George A. Ruzzier Jr. on Mar 1, 2000 at 3:37:24 pm Re: February 29th expiration by Shawn Hogan on Mar 1, 2000 at 3:43:49 pm Re: February 29th expiration by George A. Ruzzier Jr. on Mar 1, 2000 at 5:32:56 pm Re: February 29th expiration by Shawn Hogan on Mar 1, 2000 at 5:46:48 pm Re: February 29th expiration by William Sommers on Mar 1, 2000 at 5:52:19 pm Re: February 29th expiration by Shawn Hogan on Mar 1, 2000 at 6:09:09 pm Re: February 29th expiration by Michael Oas on Mar 1, 2000 at 6:09:21 pm Re: February 29th expiration by George A. Ruzzier Jr. on Mar 1, 2000 at 8:46:44 pm Re: February 29th expiration by Shawn Hogan on Mar 1, 2000 at 8:56:49 pm