Partial refund of memberships
UPCOMING Selling membership subscriptions that may be cancelled before the end of their validity? A partial refund of the membership’s value can now be done based on the remaining validity.
Solution
Memberships with a validity running for an entire season may have to be partially refunded for compliance reasons. Operators can set a new validity end date to a membership in order to trigger the refund of the remaining value. The membership itself is not cancelled as it has been used for a certain period and may remain valid until the new end validity date, but an accounting product is created to refund the remaining value on a pro-rata basis.
Getting started
Coming soon…