What is Recurring Base Fee, Fixed Plan & How Does It Work
Required User Rights
To use the functions discussed in this guide, you will need at least the following user rights:
- 3150 Menu – Contracts
Recurring Base Fee, Fixed Plan
The Recurring Base Fee, Fixed Plan is one of the charging models in the Good Sign Contract Model.
Recurring Base Fees, Fixed Plans are continuous service subscriptions with a recurring fee for a fixed period, invoiced once per period.
The difference between Recurring Base Fee and Recurring Base Fee, Fixed Plan is that in the latter you use a product and a price that represents the period and only creates one charge for each period. Practical examples include: annual fees, semi-annual fees, and quarterly fees.
Make sure your product and price are aligned accordingly. E.g., the price for an annual fee is the price for an entire year.
This profile has the same parameters as Recurring Base Fee with the addition of the Charge Period Length parameter. Charge Period Length has predefined values, but more can be added if necessary (default values 1, 3, 6, and 12 months).
The billing task determines the timing of the charge creation based on Contract Line Valid From field and Charge Period Length field, repeating it periodically always in the start of a new period.
Pricing models that can be used with Recurring Base Fee, Fixed Plan are:
- Unit
- Volume
- Tier
- Block
Figure 1: Contract Lines dashboard
Charging models can be seen under Contracts > Contracts and Contracts > Contract Lines.
Charging models are used when creating a new contract line. To create a new contract line, select Management and then New Contract Line.
Figure 2: Route to New Contract Line
After pressing New Contract Line, a pop-up window appears where you can select the suitable Profile (charging model) for the contract line:
Figure 3: Charging models in New Contract Line
By selecting Recurring Base Fee, Fixed Fee from the profiles drop-down menu, a new window appears:
Figure 4: Contract line (recurring base fee) view
There are no mandatory fields, but below is a table of the most used fields and their descriptions:
| Field | Description |
| Contract Line Valid From | Start date of the Service |
| Contract Line Valid To | End date of the Service |
| Charge Period Length | Can be 1 month, 3 months, 6 months and 1 year. |
| Pricing model | Unit pricing, Tier pricing, Volume pricing and Block pricing. |
| Discount % | Discount percentage can be added here as a whole number between 0 and 99. |
| Product | The product charged from this contract line is added to the Product field. |
| Quantity | Quantity of service Products to be included in the service. |
After filling the needed fields, press Save.
Tip: If Valid From is set to a future date, the charges will be formed the next morning of the valid from date. If a Valid To date is set, there will be no charges formed after that date. If the Valid To field is left empty, the field is then “evergreen” and there is no date limit for the charges other than the Valid From date.
Note: After the needed fields have been filled, an automatic charge will be made. Typically, this happens the next morning at 6.00 am Finnish time (assuming that the contract, contract line, product, and price are valid at the time).