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Paid Thru Dates

by | Feb 15, 2013

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Paid Through Date (paid-thru date) indicates the end term date of the last fully paid term.


How UBO sets your Paid Thru Date

  • For new a Subscriber, the paid-thru date is the same as his setup date.

  • For an existing Subscriber, if a full payment has been made, the paid-thru date is advanced and set to the end term date of his current term.

Ex. John Doe is billed Quarterly.

    Current Paid-Thru date : Feb 5 2013

    Current Term : Mar 2013 – Apr 30 2013

    Payment : Full

    New Paid-thru Date : Apr 30 2013

  • On the other hand, if a partial payment has been made, the paid-thru date is set to the end term date of the previous term.

Ex. John Doe is billed Quarterly.

    Current Paid-Thru date : Feb 5 2013

    Previous Term : Feb 05 2013 – Feb 28 2013

    Current Term : Mar 2013 – Apr 30 2013

    Payment : Partial

    New Paid-thru Date : Feb 28 2013

  • However, if Subscriber is on his first term, the software will either advance the paid-thru date to the end date of his prorated term or retain the current one (in most cases, this equal to his setup date), depending on whether the prorate and the full term charges are on separate invoices or not.

  • If the prorated charge is on a separate invoice, then the software may advance it to the pro-rate end date.

Ex. John Doe is billed Quarterly.

    Current Paid-Thru date : Jan 30 2013

    Current Term : Feb 05 2013 – Apr 30 2013

    New Paid-thru Date :  Feb 05 2013

  • If the balance due is greater than the total new charges for the current invoice, the software will make a backward check on the subscriber’s statement, repeating the same process described above, until it has determined the correct paid-thru date for the subscriber based on his payment history.

(Summary of How Paid-Thru Date is Set)

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