Specific Months List Price
Specific Months List Price Base provides you the capability to set up a recurring charge with a specific months list price in the product catalog, and then sell the charge with a variety of billing periods, for example, monthly, quarterly, every four months, semi-annually, annually, and so on. You can bill subscriptions to generate expected invoices for your end customers.
Prerequisites and enablement
To use Specific Months as a list price base, you must have the Orders or Orders Harmonization feature enabled.
After you set the Specific Months as List Price Base, perform the following steps to activate Specific Months List Price settings:
- In the upper right of the Zuora UI, click your avatar, and then click Billing.
- On the Billing Settings page, click Define Billing Periods.
- On the billing period customization page, select the Specific Months check box in the Customize List Price Base section to activate the Specific Months List Price settings.
Feature overview
With this feature, you can set up recurring product rate plan charges, create subscriptions with recurring charges every specific months, and bill subscriptions can be billed to generate the expected invoices.
For each individual charge, the total billed amount for the specific months charge across multiple invoices sums to the total price.
If multiple charges exist in one subscription, the total specific months price amounts of all charges can be evenly or almost evenly distributed across multiple invoices. The specific months charges must have aligned full billing periods, with the following criteria:
- All rate plan charges have specific months prices.
- All rate plan charges have full billing periods.
- All billing periods have the same start date and end date.
If the specific months charges do not have aligned full billing periods, the total price amounts of all charges cannot be evenly distributed across multiple invoices.
Supported billing periods
With this feature, you can set up a recurring charge with a list price by using a newly introduced list price base: Specific Months.
The specific months list price base works with the following billing periods:
- Month
- Quarter
- Semi-Annual
- Annual
- Eighteen Months
- Two Years
- Three Years
- Five Years
- Specific Months
The number of specific months could be less than, identical to, or greater than the List Price Base of Specific Months.
Supported charge types and charge models
The Specific Months list price base supports the Recurring charge type and the following charge models:
- Flat Fee Pricing
- Per Unit Pricing
- Volume Pricing
- Tiered Pricing
Enhancements specific to Specific Months List Price
The Zuora UI, API, data source, AQuA, Data Query, and Object Query are enhanced to support specifying a new Per Specific Months enum value for the existing List Price Base field and a new integer Specific List Price Base field on the Product Rate Plan Charge and Rate Plan Charge objects.
| Object | Field | Access approaches |
|---|---|---|
| Product Rate Plan Charge |
New enum value Per Specific Months added to the existing List Price Base field New integer field Specific List Price Base added |
|
| Rate Plan Charge |
New enum value Per Specific Month added to the existing List Price Base field New integer field Specific List Price Base added |
|
Common use cases
You can walk through common use cases to understand how to use the Specific Months List Price feature according to business demands.
Restrictions and limitations
When using this feature, keep the following restrictions and limitations in mind:
- Subscribe and Amend actions are not supported. You must have the Orders or Orders Harmonization feature enabled.
- For the When prorating periods greater than a month, prorate by month first, or by day? billing rule, only the Prorate by Month option is supported. Even if the Prorate by Day option is selected, the Prorate by Month option is forced to be used.