Quick question on prorata

[BullsoftHosting - Tom]

If I set my products up as prorata billing, will WHMCS automatically work out the the invoice amount? Or does that have to be done manually?

 

Cheers

Tom

[hightekhosting]

WHMCS will auto calculate the invoice price upon ordering according to the settings you applied to the product in question.

[BullsoftHosting - Tom]

Thanks for that!

 

Just about to set it up on a product and the first prorate option is easy enough, but the one underneath that says:

 

"Charge Next Month - Enter the day of the month after which point the following month will also be charged for with the first payment"

 

What exactly is that for?

 

I basically want to charge my clients on the 1st of everymonth so do I just set both options to one?

 

Cheers

Tom

[WHMCS John]

A more detailed description can be found in our documentation: http://wiki.whmcs.com/Products_and_Services#Prorata_Billing

[BullsoftHosting - Tom]

Thanks John

 

Completely forgot about the Wiki!

[dimitrigodoy]

Even with the wiki its not so clear so I decided to put here what I understand:

 

Example:

a. Prorata Billing ( X ) Tick this box to enable - (Defaut is every 15th day if not enable)

b. Prorata Date (PD): ( 15 ) Enter the day of the month you want to charge on

c. Charge Next Month - (CNM): ( 29 ) Enter the day of the month after which point the following month will also be charged for with the first payment

 

Explaining:

The a. means that you are alowed to bill products on a specific day of the month and charge a prorata'd amount at the initial time of order.

 

In the example: If a client signed up on the 28th day of the month (one day BEFORE the CNM) it will be charged on the billing day (15) - that is the PD - for the days between 28 to 15 (17 days in a row). But if other client signed up on the 30th day of the month (one day AFTER the CNM), it will be charged on the billing day (15) - that is the PD - for the days between 30 and 15 PLUS the whole next month (45 days in a row).

 

So if the month was $30 then the first client would pay $17 in the 15th (PD) day and the second client would pay $45.

 

In the following next month, at 15th day, both will be charged for a month (30 days). The difference between them is that the first one is paying for what he used, and the second one is paying for what he will use. So in the day that they ask to stop service, the first one will have to pay till that day what is missing, and the second one we need to give him money back.

 

This can help understands best

Edited July 19, 2010 by dimitrigodoy