Subscriptions, for Repeating Costs
If you have a business which charges ongoing or recurring prices, you have a great business!
Subscription prices can be helpful if, for example, you’re quoting a $50 amount every month. Displaying a total of $50 per month, for 24 months, would be more desirable to present to the customer as it's easier to digest, and it’s a smaller amount – rather than presenting a larger total amount of $1200 across the entire term.
One-off (fixed) prices can also be presented along with Subscription prices on a single Quote. Multiple totals will be displayed automatically depending on what Subscription frequencies and terms have been entered.
How to apply a Subscription:
- Editing a Price Item, select 'Subscription – Repeating Cost' (hit the cog icon).
- Choose Week, Month or Year. Optionally change the “every” value (default is '1').
- Optionally add a duration. Use this if the pricing is based on a specific length of time.
You'll see an additional total display for your Subscription pricing.
A simple quarterly Subscription
Subscription with a term length
One-off fixed cost, with a Subscription
Multiple Subscriptions with varying terms
All costs up front (no Subscriptions, with a single total)
This example has one-off costs combined with on-going costs to show a single grand total. Using Text Items (to act as Headings) and Subtotals to separate the two types of costs.
Here are some example Quotes with Subscriptions, which illustrate how fitting they are in particular industries:
- Web Design – With fixed Price Items and ‘per month’ Subscriptions
- Home Security and Monitoring – With fixed Price Items and ‘per month’ Subscriptions
Next Article: Cost Price & Margin →