Products are used to store data on any good or service sold. For example, Products are used for Dues but there is nothing physical which is actually sold. Products may represent a physical tangible object or something more abstract such as the benefits of membership with your organization. All Products are linked to a Price List Item that stores the cost of the Product
Dues Products act as a link between Dues Options and Products in the Product Catalog. There may be multiple Dues Products for any given Dues Option so that you may easily divide the funds which your association receives according to the amounts of the various Dues Products
Dues Proration records are used to define the proration schedule for the selected product for new members. The system will automatically generate the Dues Proration records for a Dues Product with a Daily, Weekly, Monthly, or Quarterly pricing strategy. Dues Proration records must be manually created for a Dues Product with a tabular or custom pricing strategy. Dues Proration records should never be created for a Dues Product with pricing strategy of None
Price list items act as a connection between a Price List (the pricing category for a contact) and the product. Price list items are what you create in RAMCO to determine what someone on a given price list will pay for a product. Most organizations will have two Price Lists, which also means that ever product in such an organization will have two price list items: one for each price list
Invoices are created once a customer agrees to pay the fees or buy a specific product or service. This entity does create batch items and GL Account entries because it indicates an agreement between the customer and your company that the amount indicated on the Invoice will be paid by the customer
There are several steps you should take, such as creating new Products, updating Membership Application Fees, and more to update your RAMCO system for a new year
See how to automate the creation of MLS and Key memberships when a new Realtor applies
There are no GL Account Entries or Batch Items created for Orders. You should think of an Order as a place holder so that automated processes through the portal and CRM can quickly and easily accept payments. An order can be for an actual physical product such as a sign rider, or it can be an event, class, fee or any other product or service for which the association or MLS collects revenue. In terms of the status and life cycle of an Order, it depends on the scenario: Order Paid An Order is created with a Status of Active and Status Reason of New
2 Comments - Is it possible to see a flowchart for the life cycle of an order?
Join RAMCO Education Manager, Reggie Lopez, for weekly educational sessions with a rotating area of focus as well as open Q&A with participants. ...Enter the meeting password: (This meeting does not require a password.) 4. Click "Join"
09-16-2020 | 12:00 PM - 01:00 PM ET
105 events in this series
The idea behind this is that your members/portal users will be able to move seamlessly from a website page to a portal page without being aware of the difference
4 Comments - Hi Renee, the Dues option description should display on the portal. Can you submit a support case if you're not seeing that?
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