Example: Total Value evenly distributed across Charge Periods
Fixed Recurring Subscription Item with a Total Value of $12,000, 'Monthly' Term and Monthly (Calendar) Charge Schedule.
Outcome:
Example: Total Value evenly distributed across Charge Periods with Quantity
Fixed Recurring Subscription Item with a Total Value of $12,000 and Quantity of 4. The Subscription Item has a 'Monthly' Term and Monthly (Calendar) Charge Schedule.
Outcome:
Example: Fixed (Recurring) and Usage (Variable) with Total Value
Fixed Recurring and Usage Variable Subscription Item with a Total Value of $13,000 and an Overage/Usage Rate of $50. Total Value is applied to all Fixed Charges.
Outcome:
Example: Prepaid Item Quantity with Total Value
Prepaid Item Quantity Subscription Item with a Total Value of $10,000 for 10,000 Included Units. The Subscription Item has a 'Monthly' Term and a Monthly (Non-Calendar Based) Charge Schedule. The sum of these Fixed Charges will equal the Prepaid Total Value amount.
Outcome:
If the Rate field had been populated instead of the Total Value, monthly fixed Charges would have been $10,000.
Example: Term Rate Calculation
A one year (3/1/2020-2/28/2021) Fixed (Recurring) Subscription Item with a Monthly (non-calendar based) Charge Schedule. The Total Value is set to $12,000 and a Term of ‘Quarter.’ All Fixed Charge Amounts are $1,000/Month.
- The Term Multiplier values are summed across all Charge Periods (.33333333 * 12 Months = 3.99999996)
- To calculate the Term Rate, the summed Terms (3.99999996) are divided by the Total Value (3.99999996 / 12,000 = Term Rate 3,000.00003)
- The Term Multiplier, Term, and Term Rate offer visibility into how the Charge Amount is calculated