Pro Rata Calculation

Pro Rata Calculation

Hello,

- Assuming that I have created a monthly, never expires plan (Auto renews until cancelled),
- Assuming that I have set the Invoice Billing Date as the 1st of every month,
- Assuming that the subscription can be created at any day of the month.

I would like to know how the invoice amount will be calculated? I am assuming that for a monthly plan the number of days considered is 30.

For example :
1. If a customer subscribes for the plan on the 21st of a month and there are 30 days in that month, the invoice amount = (Plan Price / 30 days) x 10 days (21st to 30th of that month)
2. if a customer subscribes for the plan on the 21st of a month and there are 31 days in that month, the invoice amount = (Plan Price / 30 days) x 11 days (21st to 31st of that month)

Please let me know if my assumptions are right.
Also, if anyone has implemented a solution based on the per day usage of the plan, kindly let me know how you've gone about setting up the plans and subscriptions in Zoho.

Thanks,
Balaji.

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