Bulk Extensions can be used in the event that you would like to schedule ALL students associated with a given membership type(s) for a particular length of time.
1. You need to enter the start date of the extension (ex. Date you closed) and either the number of days of the extension OR the end date for the extension (and the days will automatically be calculated).
2. You then will need to select the membership types to which you want the extensions to apply. For all term memberships, the payment schedule will remain the same and the extension will be applied to the end of the term. For example, if you extend one year and black belt memberships by two months, payments will continue as scheduled until the original end date of the contract is reached. For the two additional months that the contract has been extended there will be no payments due. If a term contract would have expired before the extension would be completed, the extension will be for ( # days of the extension less the # days contract was overdue ). For month to month contracts, the two free months would take place immediately (no payment would be due for the next two months). At the end of those two months the contract would automatically extend and the student will be charged again (unless they cancel the membership).
3. You will then be asked to confirm the extensions by selecting extend.
4. Once completed, Mastermind will generate a list of all of the contracts that were extended with the original end date and the new end date. This list can be exported as a pdf. We STRONGLY advise that you do so for your records.