| Field | Guidance | Relevancy |
|---|---|---|
| Status | Once Saved, the top bar of the page displays the rate plan status such as Active or Inactive. | Automatic |
| ID | Your unique ID for the rate plan. The ID can’t be changed or reused. Note: use of the forward slash character (/) in merchant identifiers is not allowed. | Required |
| Description | A meaningful and unique description of the rate plan. | Optional |
| Units | From the dropdown menu, select an existing unit or create a new unit. When creating a new unit define its name in both singular and plural forms. These names the appear in the customer Billing Statements. | Required |
| Included Units | Number of units included in the base subscription before rated billing begins. Enter a digit. Default value is 0. | Optional |
| Decimal Places | Select the number of decimal places to which Subscribe will round reported Rated Unit Event totals. This number affects the value displayed for the Begins at Level, as well as the manner in which Subscribe will calculate Billing Cycle charges for Rate Plan priced Products. Default level is 0.For example, given a total of 346.26961 - 0 rounds to the nearest integer (346) - 2 rounds to the nearest hundredth. (346.27) | Optional |
| Status | Toggle between Active/Inactive. Inactivate the plan when you no longer want to offer it to your customers. Default value is Active. | Required |
| Model | Toggle between Usage/License. Default value is Usage.- Usage: select when usage is measured and reported during the billing cycle and then rated in arrears. - License: select when usage is calculated in advance based on the number of units purchased or licensed. | Required |
| Charge | Toggle between Per Unit/Flat fee. Default value is Per Unit. | Required |
| Price On | Select the method by which the Rate Plan prices per Billing Cycle.- Each respective Tier: for each respective Tier, multiplies the number of Rated Unit Events for the Billing Cycle by the Rate Price for the Tier in which they occurred; and calculates, for each respective Tier, the charge by Tier use. That is, if a Tiered Plan is defined as 2for0−9units,and1 for 10-100 units, a customer who uses 15 units will be charged 2\*9+1*6 = 24.−∗∗HighestApplicableTier∗∗:tothehighestapplicableTier,multipliesthetotalnumberofRatedUnitEventsfortheBillingCyclebythepricefortheTierinwhichthetotalnumberoccurs.Thatisifthesameplanasabovewasused,and15unitsagainwereusedthe∗∗HighestApplicableTier∗∗wouldcalculatethechargebymultiplying15unitsby1.00, for a total charge of $15. | Required |
| Parent topic:Working with Rate Plans |
Rate Plan Details Pane
Rate Plans are usage-based pricing structures that let you price your offering according to consumption or tiers.