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Process “Mini” SubscriptionsDid the word “mini” get your attention? Magazine or journal fulfillment has a number of specialized needs. For example, magazine or periodical publishers typically report revenue only for the part of the subscription that has been fulfilled. The rest of the subscription income is reserved or deferred until each issue is sent. When an issue is shipped, a proportion of the subscription price is recognized as income. Sound complicated? It is. Because of the specialized nature of deferred-revenue fulfillment, the Cat’s Pajamas has chosen to limit the capability of its subscription module. Reporting of deferred revenue is not offered. Revenue from subscriptions is recognized when the order for the subscription is entered—just like regular book orders. (The original subscription order must be recorded as a sale, even if no issues are shipped until later.) This works fine for publishers who send free newsletters—or for those that wish to avoid the intricacies of deferred revenue reporting. When the Cat’s Pajamas Subscription module is installed, orders for subscriptions are processed as for books or other products. When a subscription item is entered on an order, the customer automatically becomes a subscriber. A special window opens to allow entry of the starting and ending issue dates of the subscription. Orders for books and subscriptions can be mixed on the same order. Subscriptions can be excluded from shipping calculations. Product records for periodicals are created as for books. But data entered in a particular field indicates the number of issues in the subscription cycle. Subscription cycles can be weekly, bi-weekly, monthly, bi-monthly, quarterly, tri-annual or three issues per year, bi-annual, or annual. Periodicals are flagged as non-inventory items. There is no limit to the number of periodical or subscriber records. Use the subscription module to:
For more information, email your questions (including your name and company name) or call at 800-827-2287.
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