Post a Credit - Groupon Credit Example

Share

Family purchased a Groupon for $50 off 1 month's tuition fees and is using it towards their June tuition fee of $85 (discounted tuition fee).

1. Ensure you are viewing the correct family. Click the Payment/Credit button.
2. Change Transaction Type to Account Credit.  Note:  It is very important that you change the payment type to make sure that the amount is not included in your revenue reports. A warning pop-up will display, If Pmt Type value is NOT equal to 'Payment', the following reports will NOT balance: Paid Fees Summary and Revenue Summary. This is to advise you that the payment will not be included in these reports. Click OK.
3. Select Groupon from the Method drop down list. See Drop-down Lists if you have not yet created this payment method drop-down value.
4. Optionally, add a Note.
5. Enter the amount in the Payment field.
6. Select one of the following:
   • Apply to Newest Fees First
   • Apply to Oldest Fees First (within last 12 months)
   • Apply to Oldest Fees First
7. Click the Apply Amt field for the correct tuition fee.
8. Click Save Payment.

The Groupon $50 credit is added and linked to the tuition fee. The fee still has a pink Date Paid field because it was only partially paid. The family now owes only $35 for June tuition ($85 - less the Groupon).