Billing module
Define billing rules for recurring and non-recurring subscription contracts. Configure products, plans, and charges to easily scale your business as you acquire new customers.
 | Products and prices | Ordway |
| List all products and skus | ||
| Define price | ||
| Define currency | ||
| Define taxable or not | ||
| Deferred revenue (Y or N) | ||
| Choose revenue recognition method - straightline, even periods, front-loaded, back-loaded, prorated | ||
| Assign chart of accounts for journal entries | ||
| Multilingual support | ||
| Archive and retire products | ||
| Activate achived products | ||
| Add product descriptions |
| Plans and charges | ||
| Define templated groups of product (subscriptions, recurring contracts, one-time, ad-hoc, etc) | ||
| Define plan name | ||
| Define plan description | ||
| Public page URL for self-sevice e-commerce/sign-up/subscription |
| Charges | ||
| Assign tiered pricing | ||
| Create volume-based pricing | ||
| Coupons management | ||
| Define one-time, recurring, usage/metered | ||
| Per unit or volume pricing | ||
| Charge timing (arrears or in advance) | ||
| Billing frequency | ||
| Prorate charges | ||
| Define unit of measure of usage based (Gb, emails sent, impressions, downloads, etc) | ||
| Define unit-based discounts | ||
| Logic validation for tier pricing | ||
| Choose billing start dates and billing days | ||
| Align billing to specific date |
| Coupons | ||
| Determine at plan, product, or entire catalog | ||
| Define coupon codes | ||
| Fixed and rate coupons | ||
| Define expiration date | ||
| Define expiration based on event/frequency | ||
| Free trial - define the number of days, weeks, months | ||
| Usage limit |
| Subscriptions | ||
| Multiple subscriptions per customer | ||
| Define contract effective, service start, and billing start | ||
| Defer contract effective, service start, and billing start | ||
| Term contract | ||
| Evergreen contract | ||
| Renewal term can be evergreen or termed | ||
| Setup to autorenew with or without price increases | ||
| Term contract | ||
| Add plans and charges to subscriptions | ||
| Edit contracts/subscriptions by customer | ||
| Add discounts to customer specific contract | ||
| Define and require prepayments for usage or recurring charges | ||
| Change, edit, upgrade, downgrade, cancel products and plans by customer | ||
| Configure subscriptions via RESTful API |
| Billing schedules for customers | ||
| Visibility into future revenue/billing by contract over the term | ||
| See all billing by customer, contract, or charge | ||
| Have access to all customer invoice history within one easy to digest screern | ||
| Edit contract terms within a billing schedule |
| Billing runs | ||
| Automate all invoicing for customers | ||
| Define group of customers invoicing | ||
| Define billing batches based on customer terms | ||
| Invoice based on invoice date | ||
| Invoice based on charges to date | ||
| Deliver invoices by email | ||
| Zero balance detection for smart invoicing | ||
| Schedule billing runs (day, week of choosing) | ||
| Trigger billing runs based on RESTful API |