Record Member Fees

Similar to the Record Member Deposits (https://www.iclub.com/faq/Home/Article?id=103) page, the Record Member Fees page gives options for entering money paid in by members either as separate amounts for each member, or as the same amount for each member, by using the Default Amount field. As with the deposits page, individual amounts can always be edited, even after filling in the Default amount field.

The important difference between member fees and member deposits is that fees do not buy units. This means that while a fee will add to the club's account balance, and will be attributed to the member's paid in and paid in plus earnings amounts, it will not increase their percent of ownership in the club.