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Normal subscriptions are funded from the accounts receivable of the subscriber. Services can be billed for an upcoming period (pre-billed) or after being used (post-billed). Billing takes place during a normal billing run. The run can be executed on a monthly basis (period billing - all subscribers are billed on the same day) or daily basis (anniversary billing - subscribers are billed on the day of the month on which they signed up). A credit limit, set on the account associated with each subscription, controls the activation of services; if the limit is exceeded, then the system restricts the activation of services.
This guide aims to explain how CRM.COM modules interact and provide a solution for billing normal subscriptions.
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Normal billing specifics
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Billing term schemes establish contract term options, rules for billing subscriptions, and the billing model (normal or prepaid). Subscription services offered through a normal scheme are typically paid after they are purchased and activated (unless the billing term scheme sets out that a prepayment is required).
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The billing definition translates the rules of a business into system rules, administering the billing of a subscription throughout its life cycle. Default values required by the normal billing run are specified in the definition's billing settings.
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Subscription types and billing terms schemes are set up to customize the behavior of an individual subscription. Billing definitions are used to apply common rules and manage all subscriptions. |
The cost of each product and the possible discounts that can be applied are defined in a Price Plan. Discounts can be offered based on the quantity purchased or subscription conditions (such as the billing frequency, binding period or account classification).
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Subscriptions can also be billed through the Bill Subscription and Bill Account actions (the later bills all subscriptions belonging to the same accounts receivable). The price plan (in the customer's contract) provides the service billing rates.
A bill is created when a normal subscription is billed. A bill is an itemized legal financial statement that is forwarded to the customer for the rendered goods and services. Bills are sent to the customer through bill sending runs, in printed form, email, or SMS.
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Bills can be paid before they are due through a payment gateway (sparing the customer of the anxiety associated with the timely payment of unsettled bills). The process is similar to a direct debit transaction. An automatic payment run identifies bills that must be settled and creates payment requests that are handled by the payment gateway.
Customers can set up an online payment method in the system for settling their bills automatically (e.g., with a registered credit card).
CRM.COM is fully integrated with Stripe and can integrate and work with any other payment system through the use of its WEB API.
Deactivating and reactivating normal subscriptions
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In subscription TV, Jobs can be viewed as customer orders and subscription requests. Jobs involve the ordering, delivery, and billing of hardware (such as modems and decoders), as well as the planning and billing of additional tasks (such as installations required to complete the order). Jobs are handled by the normal billing run. Individual jobs can also be billed using the Bill Job action (like subscriptions).
Recommended Reading
- normal subscriptions
- Subscription Prepaid Billing
- Understanding CRM.COM billing models
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