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Subscription Fee's
How do I handle the $59.00 Subscription fee to Bivio? Do I
charge each member a fee or do I include this in their
payment? Do I put this as an expense and what kind of
expense?

Thanks,

Michael Hall
BigTen Club of Indianapolis
Michael Hall writes:
> How do I handle the $59.00 Subscription fee to Bivio? Do I
> charge each member a fee or do I include this in their
> payment? Do I put this as an expense and what kind of
> expense?

The cost of your subscription is a deductible expense. There's a
special category called "bivio Subscription" on our expense form:

https://www.bivio.com/my-club-site/accounting/account/expense

You can allocate the expenses equally or proportionally. We don't
recommend charging a special fee. This is an unnecessary complication
to your accounting. Expense allocations handle the "fairness" issue.

To learn more, please visit the following help pages:

http://www.bivio.com/hp/expense-allocation-methods.html
http://www.bivio.com/hp/account-transactions.html
http://www.bivio.com/hp/tax-allocation-methods.html

Cheers,
Rob