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Lifecycle

The Lifecycle topic allows you to describe the lifecycle of a Prepaid Commitment, from creation and billing through balance updates and eventual expiration or overage.

A Prepaid Commitment follows a structured lifecycle — from setup and billing through balance consumption and eventual expiration or overage.

  • Create Commitment > Prepaid the commitment / Accelerate the unbilled installments

  • Generate Contribution Charges > Apply Prepaid Credit at billing time > Update Balance > Expire/overage