One of the ways today’s clubs are finding attractive ways to encourage members to join their club is to offer flexible or innovative types of initiation programs much to the exasperation of the club’s accounting department. Never fear – Jonas has a tool that will come to your club’s aide in implementing, tracking, and billing your new members.

The installment-billing module provides the ability to handle multiple year charges, such as initiation fees, assessments, and share purchases. Billings can be monthly, quarterly, annual or customized. The “buy out” feature puts quick information into your hands on how much the member has left or if they chose to pay in full. Installment Billing will help you to accurately project future cash flow and payments.