Billing Products Guide
Complexity | Beginner |
|---|---|
EMS Compatible |
|
iMIS 2017 Compatible |
|
Actions | Insert, Update, Insert & Update |
Overview
This article shares details on how to work with billing products data.
Prorating Bug
If you have any prorate rules set up on a billing product, when you run an update job, it will reset the prorate rule back to the default value of “Do not prorate.”
This is a bug in iMIS and has been reported as a defect.
Mapping
Required Fields
Name - The name of the product.
Product Code - The ID of the product.
Type - The type of product.
Optional Fields
RECOMMENDED Description - The explanation / details of billing a product.
Deferred Income Account - The GL account associated with deferred income.
Discount Price - The discounted price for the product if set; often the member price.
Financial Entity - The entity associated with the product.
Income Account - The GL account associated with income.
Pay Priority - The priority order in which payment is applied.
Standard Price - The normal price for the product.
Term Span in Months - The number of months used to pay for the product.
Chapter Codes
When using the Billing Product (Code) for a chapter, you must add “CHAPT/” to the front of the code.
For example, if you want to update the East Chapter in the above image, the Billing Product (Code) would be CHAPT/EAST.