Explains how to set up a recurring charge using the subscription term as the billing period and a list price based on a month. This recurring charge setup allows you to create subscriptions with different initial and renewal terms.

This scenario explains how to set up a recurring charge to handle subscriptions with a different initial term and renewal term, and a list price based on a month. Suppose you have the following scenario:

• Your customer subscribes to the service with an initial term of 6 months and a renewal term of 12 months.

• You want to bill and collect payment for the entire initial term at the start of the term. For example, if the initial term is May 1 through October 31 (6 months), the customer receives an invoice that includes a charge of $600 upon the term start date of May 1.

• You want to bill and collect payment for the renewal term at the start of the term. For example, if the renewal term is November 1 through October 31 (12 months), the customer receives an invoice that includes a charge of $1200 upon the term start date of November 1.

With full-term pricing options, you can create a recurring charge on your product rate plan with the following settings:

• A billing period based on the subscription term

• A list price based on a month