The validity period of a credit is an important point to consider when implementing your credit system.
The Validity of a credit refers to its life cycle. For example, a client may be given a credit with a 1-week validity, meaning, if they don't use the credit in one week, the credit will be lost.
When you create a membership, you can attach credits to that membership. Here you can specify four things; the number of credits, the validity of the credit, the number of credits to be renewed, and the renewal period of the credit.
1. The number of credits - This determines how many credits the person gets at the beginning of the membership.
2. The validity of the credit - This determines the life cycle of the credit.
3. Renew credits - This determines the number of credits to be renewed
4. Over what period of time are the credits renewed?
The image above shows that the client will receive 1 credit each week and each credit will be valid for 2 weeks. Therefore, the client will never have more than 2 credits in their account.
You can also manage the validity of credits assigned to a point of sale product. This can be done when creating a product by clicking on "advanced options".