Align Billing Dates
You can align billing dates using the Align Billing From field in the Billing section on the Edit Product page.
You may want to align billing periods of your subscription products bill lines for various reasons, such as:
-
To align billing periods across different subscription products
-
To align your billing periods from the start of your fiscal quarters
The Align Billing From field is supported only for the subscription type of Products. When you select a date in the Align Billing From field, the application creates a partial period ending on the day before the alignment date. The billing summary is also updated with the selected alignment date as the start of the next billing period.
For example, let's consider a 5-year subscription product with a $54,000 annual charge starting on 1 July 2020 and the subscription product with these billing configurations:
|
Product |
Quantity |
Start Date |
End Date |
Bill Frequency |
Invoicing Rule |
Billing Date |
|---|---|---|---|---|---|---|
|
Product 1 |
1 |
1-Jul-20 |
30-Jun-25 |
Year |
Advance |
Period Start |
Here's the billing summary for the above subscription product line:
|
Period |
Charge |
Sequence |
Interface Date |
Bill-from Date |
Bill-to Date |
Amount |
|---|---|---|---|---|---|---|
|
1 |
Annual charge |
1 |
1-Jul-20 |
1-Jul-20 |
30-Jun-21 |
54000 |
|
2 |
Annual charge |
2 |
1-Jul-21 |
1-Jul-21 |
30-Jun-22 |
54000 |
|
3 |
Annual charge |
3 |
1-Jul-22 |
1-Jul-22 |
30-Jun-23 |
54000 |
|
4 |
Annual charge |
4 |
1-Jul-23 |
1-Jul-23 |
30-Jun-24 |
54000 |
|
5 |
Annual charge |
5 |
1-Jul-24 |
1-Jul-24 |
30-Jun-25 |
54000 |
In this scenario, when you select 27 July 2020 as the date in the Align Billing From date field for your subscription product, a partial period is created, which ends on the day before the align billing from date. Also, bill lines are aligned to your set date. Here's how the billing summary is generated:
|
Period |
Charge |
Sequence |
Interface Date |
Bill-from Date |
Bill-to Date |
Amount |
|---|---|---|---|---|---|---|
|
1 |
Annual charge |
1 |
1-Jul-20 |
1-Jul-20 |
26-July-20 |
3774.19 |
|
2 |
Annual charge |
2 |
27-Jul-20 |
27-Jul-20 |
26-July-21 |
54000 |
|
3 |
Annual charge |
3 |
27-Jul-21 |
27-Jul-21 |
26-July-22 |
54000 |
|
4 |
Annual charge |
4 |
27-Jul-22 |
27-Jul-22 |
26-July-23 |
54000 |
|
5 |
Annual charge |
5 |
27-Jul-23 |
27-Jul-23 |
26-July-24 |
54000 |
|
6 |
Annual charge |
6 |
27-Jul-24 |
27-Jul-24 |
30-July-25 |
50225.81 |
Alternatively, consider a scenario where you select 27 May 2020, which is before the start date of the line, in the Align Billing From field. In this scenario, a partial period is created, which ends before the set align date in the next year. The bill lines are then aligned to the set bill date from the next billing cycle. Here's how the billing summary is generated:
|
Period |
Charge |
Sequence |
Interface Date |
Bill-from Date |
Bill-to Date |
Amount |
|---|---|---|---|---|---|---|
|
1 |
Annual charge |
1 |
1-Jul-20 |
1-Jul-20 |
26-May-21 |
48919.35 |
|
2 |
Annual charge |
2 |
27-May-21 |
27-May-21 |
26-May-22 |
54000 |
|
3 |
Annual charge |
3 |
21-May-22 |
27-May-22 |
26-May-23 |
54000 |
|
4 |
Annual charge |
4 |
27-May-23 |
27-May-23 |
26-May-24 |
54000 |
|
5 |
Annual charge |
5 |
27-May-24 |
27-May-24 |
26-May-25 |
54000 |
|
6 |
Annual charge |
6 |
27-May-25 |
27-May-25 |
30-Jun-25 |
5080.65 |