Example of monthly subscription - invoice immediately

In this example you will add a subscription to an invoice cycle for a month (M1) where the first month is not free and for which you will invoice immediately. The subscription starts on 1 April of the current year. You generate invoices on 15 April of the current year and Profit must invoice this subscription on that date.

Subscription with monthly invoice cycle (M1) where the first month is not free and invoice immediately:

• Start date subscription: 1 April of the current year.
• Start date invoice cycle: 1 May of the current year.
• Cycle invoicing: Maand.
• First invoice run: 15 April of the current year.
• The first month is not free and you invoice immediately on 15 April of the current year.

To add a subscription:

1. Go to: Subscriptions / Subscription / Subscription.
2. Click on: New.
3. Select a value for Organisation/person. 

   

4. Select a value for Type of subscription.

   You can use the subscription type in reporting or to select subscriptions during invoicing.

5. Complete the remaining fields. 
6. Add the line: 
   1. Select a value for Item code.
   2. In Start date and Invoice from enter '1 April of the current year'.

   Profit includes the subscription in the invoicing run on 15 April (and creates the invoice). The start date of the cycle remains 1 May of the current year.

7. Click on: Finish.
8. Add a new line to the subscription with 1 May of the current year as the start date and the invoice date.

   Profit will only invoice these subscription lines on (or after) 1 May of the current year.

9. Click on: Finish.