An Accreditation Fee is a fee that an organization must pay to go through the accreditation process.
To add an Accreditation Fee, use the following steps:
Field | Required | Description |
---|---|---|
accreditation | Required | Defaults to the description of the current accreditation. |
product code | Optional | TBD |
fee name | Required | Enter a friendly name for the fee. |
description | Optional | Enter a description for the fee. |
price | Required | Enter what the price of the fee is in dollars. |
Field | Required | Description |
---|---|---|
split revenue among multiple accounts? | Optional | TBD |
business unit | Required | TBD |
project | Optional | Select a project that was added when adding a business unit. You can search or query on this value later. |
a/r account | Required | Select the account for Accounts Receivable from the drop-down box. This field defaults to an account and not to blank. Make sure you select the account you want. The account you choose is debited every time you sell an event registration. |
revenue account | Required | Select the account for revenue from the drop-down box. This field defaults to an account and not to blank. Make sure you select the account you want. This account is credited when you sell an event registration, and debited when you void an invoice in a closed batch |
liability account | Required | Select the account for liability from the drop-down box. This field defaults to an account and not to blank. Make sure you select the account you want. This account is credited when a paid invoice is canceled. |
return account | Required | Select the account for return from the drop-down box. This field defaults to an account and not to blank. Make sure you select the account you want. This account is debited when an invoice is canceled. For most associations, the return account is the same account used for the revenue account. |
write off account | Required | Select the account for Accounts Receivable from the drop-down box. This field defaults to an account and not to blank. Make sure you select the account you want. This account is debited when you create a write off. This is typically an expense account or the revenue account for the product. |
deferred? | Optional | Click this check box if the invoice payment for the event is deferred. Once you click this check box, a drop-down box appears. Select an account from the drop-down box. If you check this check box the following happens:
|