Subscription with monthly invoice cycle (M1) where the first month is free

In this example you will add a subscription to an invoice cycle for a month (M1) where the first month is free. The subscription starts on 1 April. You invoice on 15 April and Profit is not allowed to invoice this subscription on that date.

Subscription with monthly invoice cycle (M1) where the first month is free:

• 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.
• Subscription is free for the first month and therefore Profit is not yet allowed to invoice.

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.Complete the remaining fields.

5. Add the line:
   1. Select a value for Item type.
   2. Select a value for Item code.
   3. Enter 1 April of the current year in Start date.
   4. Enter 1 May of the current year in Invoice from (because the first month is free)

   If you now invoice on 15 April, Profit does not invoice the subscription. Profit will only invoice this subscription on (or after) 15 April of the current year.

6. Click on: Finish.