Hi, Just started a golf society with a group of 20 or so friends and colleagues.
Everything is going reasonably well, however I am struggling to get my head around how to organise the deposit and payment system for collecting money for events.
For example. [and bear with me, Ive typed this half a dozen times to try and make it read easier without success!!!!]
I need to book 10-12 venues for throughout our season. Each of these venues want 10-15% putting down as a deposit. So about 50.00 per venue in full. Membership fees will cover about 4/5 of these venues, but the rest I will not have enough money in the account to pay a deposit.
If I tell members I want them to pay a 20% deposit x amount of days before the event and they then transfer - lets say 10.00 - into the account then I cannot use that money for deposit on future events or else when the event comes up that they have actually paid the deposit for, the account will not have enough in it as money has been used to fund elsewhere.
Can anyone possibly help and explain a deposit and payment system that might work?