In IIn a member's profile, funding refers to financial assistance or economic support granted intended to partially or fully cover part of the registration fees or costs associated with an activity or program. It reduces the amount payable by the member, often in the form of a grant, bursary, local support or fund-raising program. This The funding amount is applied directly to the member's profile transactions and reduces the overall amount payable, after in the form of a refund, thus reducing the overall balance to be paid. If the financing is partial, the reduction takes place once the parent's or carer's share has been settled.In practice, funding can be applied as a separate payment, providing clear tracking and facilitating financial management for families and the organizationrecorded as payment received in the profile.
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For the funding option to be available, the invoice must be 100% paid. This means that you can apply financing only after the member has paid his or her share, if applicable. See documentation: Apply a payment |
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Apply a payment equivalent to the funding amount, e.g. $300$114,10.
In the payment method you can choose cheque, cash, interac transfer, depending on what you chose when you registered manually.
Once payment has been applied, proceed to a refund of the same amount.
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Return to the transaction and reapply a payment.
In the payment method options, the "Funding" option will now be availableThe “Funding” option is now available among the payment methods. Don't forget to indicate the source of funding in the notes section.
You will need to select the member concerned; the applicable amount of funding amount applied cannot exceed the amount indicated already recorded under the member, which corresponds corresponding to the amount of the refund previously made. If the funding granted is less than this amount, you can enter a reduced amount. However, it will not be possible to adjust or add a second funding amount at a later date, as each funding amount is associated with a single reimbursement action.
Then click on confirm.
