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Avi Freedman wrote:
Re: Invoicing Questions
From: Shawn Hogan
Date: Friday, January 8, 1999
Time: 8:14:10 pm
>So for monthly-paying accounts, the "Invoice XX Days Before Exp." field
>refers
>to invoice XX days before the beginning of the next month?
No... it's before the customer's expiration date. Which COULD be the 1st
of the month, but not neccessarily.
>(We bill Net 0 - invoicing the 15th of the month before and all $$$ is due
> by the 1st of the month of service).
>
>This is no problem to do, I assume?
Nope... The customer's expiration date would be the 1st of the month. So
have it invoice 15 days before expiration date, and bill credit card 0
days before expiration date.
>Also, when someone prepays for a year of service we let them cancel and get
>a credit, but we only credit back at the monthly rate for prior use. I
>assume this can be handled manually.
Yeppers.
>Also, is there any way to do a report that shows "Deferred Revenue" for
>accounting purposes - the amount of money collected in advance for services
>not yet rendered?
Sort of... :-) The Liability report does that sort of... it generates a
report that if you went out of business today, what you owe people.
- Shawn
-------------------------------
Shawn D. Hogan
President, Data Point Solutions
http://www.data-point.com
(619) 452-3696
ICQ: 8319647
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