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Purpose: Understand best practices for using discounts, pro-rates and scholarships

Best Practices & Notes

  • Non-payment methods for lowering an invoice:

    • Discount

    • Pro-Rate

    • Scholarship

  • Description:

    • Discount: a deduction from the cost of registration

    • Pro-Rate: to reduce the total amount of an invoice due to a portion of a program being missed

    • Scholarship: financial aid or athletic scholarship to help pay for a program

  • Recommended Use:

    • Discount: usually relationship-related

    • Pro-Rate: participant only playing part of the program

    • Scholarship: giving money for financial need

Restrictions For Adjustments

  • There is a set max % off per program type set at the global level.

    • Max % can also be set at the brand level program type, which will override global-level settings.

  • Categories:

    • Pro-Rate

    • Discount + Scholarship

      • The pro-rate % operates independently of the discount + scholarship %. For example, a program type could have a 5% pro-rate max as well as a 5% discount + scholarship max.

  • Any user - except for a Root Admin - will be prevented from exceeding the max % off adjustment per program type when adding a discount, pro-rate or scholarship.

    • Ex: If a program is a [CLUB], their expected revenue is [$1M], and we have a limit of 2% for pro-rates, then transactions only allow up to $20,000 aggregated pro-rates.

  • A user must specify the line item that the discount, pro-rate or scholarship is allocated to before the adjustment is saved.

  • If a Root Admin overrides the violation, they will still receive a warning that they are exceeding budget.

  • Reporting will track % of allotted adjustments used - discount, pro-rate or scholarship.

Additional How Tos & Guides

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