Renewal

Positive Impact - If an account has skipped a month prior to renewing & first due on renewal is in current month.

Month ABC Amt Collected Diff from Prev Month Activity Activity Date Activity Note Report Explanation Report Classification
Jan 0.00 0.00

Agreement Renewed

20-Jan

Original Agreement expired in November. No December or January payment collected. Member renewed 1/20. Account was entered on 1/23. First due date with ABC is 2/20. There is no difference in collection from December to January because the account was inactive in December. Because there is not a difference in the collected amount the account will not reflect on the January Monthly Comparison Report. The entry of the agreement will be reflected on the New Account Analysis. None
Feb 25.00 25.00     Collected first month's due on renewal agreement. ABC collected $25.00 more in February than in January. The increase is because the account has been renewed in the system and February was the first due. The positive $25.00 difference will be categorized as NEW on the Monthly Comparison Report. RENEW