Nov 28, 2022
When Recalculate Price is set for your membership types the system will recalculate dues pricing for all upcoming renewal invoices:
- If you have changed the base price for a membership type, the recalculated price will reflect this change
- If you have changed the value in a field that is tied to Formula-based pricing, the recalculated price for the membership will reflect this change.
- If you change the value in a field that is tied to levels in your membership type, the recalculated price will reflect this change.
|IMPORTANT: Pricing will ONLY be recalculated at the beginning of a new term. If a membership term is 12 month, but the member is being billed at a monthly, quarterly, or semi-annually frequency the recalculated price will only take effect once the membership renews.|
Recalclate price will immediately update pricing for new members and upon remewal for existing members. If you wish pricing to take effect for both new and existing on a specific date use the effective date pricing option. See Effective Date Pricing for more information