Example of monthly subscription - invoice date later

In this example you will add a subscription to an invoice cycle for a month (M1) where the first month is not free.

The subscription starts on 01-01-2012. You invoice on 01-01-2013 and at that time, Profit must invoice this subscription.

Subscription with monthly invoice cycle (M1) where the first month is not free. The subscription starts on 01-01-2012.

• Start date subscription: 1 January of the current year.
• Start date invoice cycle: 1 January of next year.
• Cycle invoicing: Maand.
• Invoice for the first time: on 2 January of the current year when you invoice for the entire previous year and for January of next 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. Complete the line: 
   1. Select a value for Item type.
   2. Select a value for Item code.
   3. Enter 01-01-2012 in Start date and 01-01-2013 in Invoice from.

   If you now start the invoice run on 2 January 2013 Profit does invoice the subscription. The start date of the cycle remains 01-02-2013 of the current year. You can only invoice the subscription again on (or after) 01-02-2013.

7. Click on: Finish.