Creating Product Plans

Products plans are effectively different pricing items that you can insert onto your invoices

1. Click “Product plans” in the left sidebar

2. Click “Create product”

3. In the Name field, type the product's name that you are billing for 

4. In the Description box, enter a brief explanation of the product’s purpose or features 

   1. This field can be left blank if not needed

5. Select the Plan type (This only impacts how revenue is tagged in your reporting. Invoices with “Recurring” line items will not continually be created as long as the underlying contract that the invoice is associated with has an end date)

   1. One-off: for a single one-time payment for a product / service

   2. Recurring: for subscription-based billing

6. Choose a Pricing model

   1. There are 3 pricing models:

      1. Flat: a fixed price every billing period

      2. Volume-based: price depends on quantity ranges

      3. Usage-based: charges based on usage metrics

7. Set the Product price

   1. In the Price ($) field, enter the amount the customer will pay each period

8. Configure Billing frequency

   1. Every: the interval number

   2. Months / Weeks / Years: the unit

   3. Example configuration:

      1. Every: 3

      2. Unit: Months

      3. The customer will be billed every 3 months (quarterly)

9. Enter a Minimum price (if required)

Click Save product to create the product