About the Subscription Types Form

This service stores the set of available types of subscription based on issue frequency. The standard Aptify system includes types that correspond to Annually, Monthly, Weekly, and Quarterly subscriptions. An organization can create additional subscription types if needed.

Subscription Types Form

Attachments Tab

The Attachments tab lists any files relevant to the Subscription Types record.

General Tab

Name

The name of the subscription type.

Description

A description of the subscription type.

Frequency

This field specifies how often a new issue of the subscription product is distributed.

Revenue Recognition Type

This field specifies the revenue recognition technique used to divide the subscription revenue over the duration of the subscription. All of Aptify's standard subscription types use the Even Dispersion revenue recognition type (meaning that a subscription's revenue is divided equally among the number of issues and that portion of the revenue is recognized by the organization each time a new issue is sent to subscribers). This field links to the Revenue Recognition Types service. See About the Revenue Recognition Types Form.

Issue Type

This field is reserved for future use.

Days Per Issue

The standard number of days between issues. For example, for the monthly subscription type, the days per issue is 30 (using a 360-day annual base, so 12 x 30 = 360).

Annual Base

The number of days in a year for revenue recognition purposes. All of Aptify's standard subscription types use an annual base of 360 days.

 

Related Topics

Managing Subscriptions

Renewing a Subscription or a Membership

Managing Membership Dues

Understanding Subscription and Membership Dues

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