How to create a Subscription Plan?
A Subscription Plan stores information about the Item being subscribed, its price, and billing interval.
To access the Subscription Plan list, go to:
Home > Accounting > Subscription Management > Subscription Plan
How to create a Subscription Plan
Before you can set a Subscription, you need a Subscription Plan.
Go to the Subscription Plan list and click on New.
Select the item that will be subscribed.
Select a Price Determination whether Fixed or based on a Price List.
Set a Billing Interval whether Daily, Weekly, Monthly, or Yearly.
Set a Billing Interval Count. If you select Year as your interval and count as 5, the billing will be done for every 5 years.
You can also set up additional payment details and link a Payment Gateway.
A Subscription Plan is linked to an Item, for which a Sales Invoice is created.
Updated on: 27/03/2023