Account Billing Schedule
Choose the universal billing schedule for your members - prorated or anniversary
Prorated Billing
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Choose a fixed day for recurring charges to run each month
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All members billed on the same day
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Initial payment adjusted for partial month and next payment is full price
Example
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Fixed day of the month: 1st
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Member purchases $100 membership on the 15th
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Initial payment charged on the 15th: $50 (half month)
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Recurring payment charged on the 1st: $100 (full month)
Anniversary Billing
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Recurring charges will run on the day a member signs up
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Each member billed on their join anniversary
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Initial payment charges the full membership cost
Example
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Member purchases $100 membership on the 15th
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Initial payment charged on the 15th: $100
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Recurring payment charged on the following 15th: $100