Bonds are great for things like volunteer commitments, if you want to charge fees when a registrant does not return their equipment, or for holding tryouts and waiting to charge the remainder of the season fees until a later date.
Bonds are like deposits but money is not collected until a later date at a time of your choice. You can setup bonds for your registration forms in the fees section and apply the same bond to multiple groups.
For each registration form you can set a deadline date for the bond no later than 1 year after the form closes. The participant can see the deadline and description of the bond when registering so you can put any useful information they would need to know about the bond and how to comply. Registrants are required to agree to each bond to complete registration.
You can cancel and collect bonds and manage types of bonds by going to Bonds under the Registration menu.
Click the three ellipses to the far right of someone's bond to edit it. You can adjust the due date of an individual bond and the amount owing from that page.
Archiving bonds is how to mark them as no longer needing to be collected.
Check off participants and their bond and then choose the action at the top of the table to collect fees, archive bonds, or resend invoices for bonds you've already attempted to collect fees for.