Thread: Omega Financial
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Old 05-20-2005, 10:29 AM
Kevin Kevin is offline
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Join Date: Feb 2002
Location: Oklahoma City, Oklahoma
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Quote:
Originally posted by AGDLynn
This might be a lame question but here goes...

I know that OF charges a percentage based on how much a member owes for various things.

Is that % on the member's statement or is a grand total charged to the chapter? Or do chapters have an option?

Considering OF too.

Lynn
You'll want to call them. I know that their goal is to collect a set amount each year from each member.

The formula is based on how many members you have, and what your total accounts receivable will be in each FY.

The % is taken out of whatever the member pays in. For example, if the % that OF is taking out of your deposits is 10%, the member pays $100, you get a $90 deposit made to your chapter's receivable account.
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