What's New in Zoho Subscriptions - June 2022
Hello everyone,
We've made updates to Zoho Subscriptions that help you handle taxes and compliance better, along with a highly requested enhancement to calendar billing. Here's what's new in June:
Billing Months for Calendar Billing (Early Access)
The existing Calendar Billing feature in Zoho Subscriptions lets you configure multiple date ranges in a month to decide a subscription's billing date. Now, you can configure Billing Months as well, in addition to Billing Days to fine-tune exactly when you want to bill your customers.
Here's an example that illustrates how configuring billing months can be useful:
Let's say you've configured the billing days as 5, 10, 15, & 20.
Here, when a customer subscribes on the 19th of February for a yearly subscription, their subscription will be billed immediately with prorated charges until the 20th of February, i.e., for one day, and their subscription will be billed on the 20th of February for subsequent years.
This scenario can be undesirable when the prorated charge is meagre in comparison with the charge for an entire billing cycle. Configuring the billing months as Jan, Apr, Jul, Oct can help mitigate this.
Now, when a customer subscribes on the 19th of February for a yearly subscription, their subscription will be billed immediately with prorated charges until the 20th of April, and their subscription will be billed on the 20th of April for subsequent years.
Note: The billing months that you configure will only be applicable to subscriptions with yearly billing cycles or billing cycles that are 2 months or longer.
This feature is currently in early access. If you'd like to try it out, please write to us at support@zohosubscriptions.com and we'll enable it for you.
Legal Name and Trade Name support (India Edition)
You can now add the legal name and trade name for your business and for customers with GST-registered tax treatments. If you've configured e-invoicing for your organization, then the legal name will be a mandatory field, as it is required while pushing invoices to the IRP.
Show or hide tax details in templates
If your business sells items with tax-inclusive prices, you can now choose to hide the applied tax rates in the Total section of transaction PDFs.
Tax details in the total section are shown by default. To hide tax details, uncheck the Show Tax Details option when editing transaction templates.
Secondary language fields (Saudi Arabia Edition)
To comply with ZATCA's recent e-invoicing guidelines, which state that Arabic must be a mandatory language for e-invoicing, we've added support for customer and organization information in a secondary language, such as English, which you can display in transaction PDFs to your customers.
You can configure information in a secondary language for plans, addons, customer details, and your organization's profile. Once you've added this information in a secondary language, you can set the Standard E-Invoice Bilingual template as default for invoices and credit notes to display information in both the languages that you've configured.
Bulk payments from the Customer Portal (Early Access)
Previously, your customers could only make bulk payments for all of their invoices from the Customer Portal. Now your customers can select multiple invoices of their choice and pay for them in bulk. This can be useful in situations where your customers want to prioritize payments for a particular group of invoices first.
We'd love to know what you think about these updates in the comments below! You can also view a list of the previous updates to Zoho Subscriptions from the What's New timeline. If you need any assistance, feel free to write to us at support@zohosubscriptions.com.
Best regards,
The Zoho Subscriptions Team
The Zoho Subscriptions Team
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