[PDF] Procedures for Quarterly Billing of MRE Association Members





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Procedures for Quarterly Billing of MRE Association Members

Procedures for Quarterly Billing of MRE Association Members. 1. Invoice Dates a. January 1 b. April 1 c. July 1 d. October 1.



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magnetic resonance elastography (MRE)- associated liver stiffness. (per 1 kPa) for HCC decompensation and mortality were 1.26 (1.1-.



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Procedures for Quarterly Billing of MRE Association Members

1. Invoice Dates

a. January 1 b. April 1 c. July 1 d. October 1

2. Invoice Generation and Distribution

Invoices are typically computed after the 15th of the month preceding the invoice date and are sent to members just prior to the invoice date. Most invoices are sent by email, however some members prefer US Mail.

3. Terms and Due Dates

All invoices are ³Net 15 GM\V´ making the due date the 16th of the invoice month. a. January 16 b. April 16 c. July 16 d. October 16

4. Current Charges Computation

Association Quarterly Dues

+ Cable TV Fees + Quarterly Special Assessment Amount (if any) + One-Time Charges (if any) - One-Time Credits (if any) = Current Charges

MRE BOD Approved 5/2014

5. Invoice Amount Due Computation

Overdue Amount (if any)

- Account Balance Credit (if any) - Payments received (if any) + Current Charges + Late fee (if any) + Finance charges (if any) = Invoice Amount Due

6. Late Fees

Any invoice not paid in full by the end of the ³date due´ month incurs a late fee of $15 or 6% of the Current Charges whichever is greater.

7. Finance Charges

Finance charges are computed MJMLQVP POH VXP RI RYHUGXH ³ŃXUUHQP ŃOMUJHV´ amounts as of the invoice date. a. Compute the outstanding ³FXUUHQP ŃOMUJHV´ balance as of the invoice date. Current charges do not include late fees or finance charges. b. Multiply the result by 3.75% (2.5 months at 1.5% per month) to determine the finance charge. Note: the finance charge iV ŃRPSXPHG IURP POH HQG RI POH ³QHP 1D´ SHULRG PR the end of the current quarter.

8. Payments

Payments are applied in the following order.

a. Outstanding Finance Charges, oldest to newest b. Outstanding Late Charges, oldest to newest c. Outstanding Current Charges, oldest to newestquotesdbs_dbs50.pdfusesText_50
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