# Products & pricing

In Rebilly, products are the items that your business sells.
Pricing plans are how your customers pay for the items.
Pricing plans are associated with products.
You must create the product before creating the pricing plan.

## Create a product

This process describes how to create a product.

1. In the left navigation bar, press **Settings**.
2. In the **Pricing** section, press **Product & pricing plans**.
3. In the right of the page, press **Add product**.
4. In the **Name** field, enter the name of the product.
This name is displayed on customer invoices and receipts.
The **ID** field is automatically populated based on the name.
5. Optionally, to manually enter a product ID: In the **ID** field, enter an ID that uniquely identifies the product.
This ID is used in the Rebilly API to identify the product.
If the ID value is cleared and left blank, a new ID is automatically generated.
6. In the **Description** field, enter a description of the product.
This description is displayed on customer invoices and receipts.
7. In the **Unit label** field, enter a label that describes units of the product.
This label is displayed beside 'quantity' on invoices and receipts.
Examples: seat, license, API call, widget.
8. In the **Accounting code** field, enter a product accounting code.
This code is useful when data imports are mapped into accounting software.
9. If your product is taxable: In the **Taxes** section, select the **Taxable** checkbox and specify a tax category ID.
For more information, see [Taxes](/docs/settings/taxes).
10. If your product is shippable: In the **Fulfillment** section, select the **Shippable** checkbox and specify a shipping rate.
For more information, see [Shipping](/docs/settings/shipping).
11. To automatically generate journal entries with corresponding records on this product, in the **Recognition** section, select a debit and credit account.
For more information, see [Journals](/docs/settings/journal-account).
12. In the bottom right of the page, press **Create product**.
To create pricing plans for the product, see [Create a pricing plan](#create-a-pricing-plan).

## Create a pricing plan

This process describes how to create a pricing plan.
The associated product must be created before creating a pricing plan.

You must create a product before creating associated pricing plans.
For more information, see [Create a product](#create-a-product).

1. In the left navigation bar, press **Settings**.
2. In the **Pricing** section, press **Product & pricing plans**.
3. Select the product that you want to create a pricing plan for.
If you have not created the product, see [Create a product](#create-a-product).
4. In the right of the page, press **Create pricing plan**.
5. In the **Name** field, enter the name of the plan.
This name is displayed on receipts and invoices.
The **ID** field is automatically populated based on the name.
6. Optionally, to manually enter a pricing plan ID: In the **ID** field, enter an ID that uniquely identifies the pricing plan.
If the ID value is cleared and left blank, a new ID is automatically generated.
7. In the **Currency** dropdown, select the currency of the pricing plan.
8. Under **Type**, select one of the following pricing plans:

- Trial only

  Use this plan for limited-time product trials.
  Trials may have a reduced fee, or may be free.
    1. In the **Trial** section, specify the trial period and price.
  To create a free trial, in the **Trial price** field, enter `0`.
    2. Press **Create pricing plan**.

- Recurring

  Use this plan for subscriptions or sales that reoccur over a period of time.
    1. In the **Pricing** section, select a pricing formula and enter a price per unit.
  For detailed information on pricing plans, such as: tiered, volume, and stair-step pricing, see [Pricing formulas](/docs/settings/pricing-formulas).
    2. In the **Recurring settings** section:
  To define a custom billing period length: In the **Select period** dropdown, select **Days**, **Weeks**, **Months**, or **Years**.
  In the **Number** field, enter the corresponding number of days, weeks, months, or years.
      - **Monthly:** Bill the customer every month.
      - **Yearly:** Bill the customer every year.
      - **Custom:** Bill the customer at a custom interval.
  To define a custom billing period length: In the **Select period** dropdown, select **Days**, **Weeks**, **Months**, or **Years**.
  In the **Number** field, enter the corresponding number of days, weeks, months, or years.
      1. In the **Frequency** section, to specify how often the billing period recurs or the number of billing periods, select one of the following:
        - **Reoccurs until canceled:** Billing recurs until the subscription is canceled.
        - **Limited to:** Specify the number of billing occurrences.
      2. In the **Billing timing** section, to specify when payments are due, select one of the following:
        - **Prepaid:** Payment must be made in advance of each billing period.
        - **Postpaid:** Payment must be made at the end of the billing period.
      3. Optionally, to create a plan that is metered and quantity is based on usage, in the **Metered billing** section, complete the following:
  Metered billing is only available for postpaid plans.
  For more information, see [Metered billing](/docs/settings/products-and-pricing#metered-billing).
        1. Select the **Activate metered billing** checkbox.
        2. In the **Metered billing strategy** dropdown, select from the following:
          - **Sum of reported usage**: Select this strategy to accumulate the usage and report the total.
          - **Last reported usage**: Select this strategy to use last reported usage at the end of the billing period.
  For example, if a customer uses 5 units on the first day of a billing period and 10 on the last, the final usage of 10 is billed.
        3. Optionally, in the **Minimum quantity** field, specify the minimum quantity to charge at the end of a service period, regardless of reported usage.
  A usage hard limit on a subscription cannot be lower than the minimum charged by the plan.
  The minimum charge applies even when reported usage is lower.
  The limit quantity is checked against the minimum billable quantity, and the limit amount is checked against the minimum billable amount.
  A limit of `0` is an exception and stops usage reporting entirely.
        4. Optionally, in the **Maximum quantity** field, specify the maximum quantity to charge at the end of a service period, regardless of reported usage.
        5. Optionally, to bill the last reported quantity instead of zero if no usage is reported during a service period: Select the **Use last reported quantity when no usage is reported** checkbox.
  This setting is only available when using the **Last reported usage** billing strategy.
  For more information, see [Last reported quantity when no usage is reported](/docs/settings/products-and-pricing#last-reported-quantity-when-no-usage-is-reported).
      4. Optionally, to define the date when the service period renews: In the **Service period anchor** section, select the **Activate service period anchor** checkbox, and enter a date.
      5. Optionally, to include a trial period in the subscription:
        1. In the **Trial** section, select the **Activate trial** checkbox.
        2. Enter the trial period and price.
  To create a free trial, in the **Trial price** field, enter `0`.
  Trials can be overridden when you create a subscription.
      6. Optionally, to include a setup fee: In the **Setup fee** section, select the **Use setup fee** checkbox and enter an amount.
      7. Press **Create pricing plan**.

- One time sale

  Use this plan for non-recurring, one-time, sales.
    1. In the **Pricing** section, select a pricing formula and enter a price per unit.
  For detailed information on pricing plans, such as: tiered, volume, and star-step pricing, see [Pricing formulas](/docs/settings/pricing-formulas).
    2. Press **Create pricing plan**.

## Invoice time and due time shift

Use invoice time shift to adjust when the renewal invoice for a subscription is issued and made payable.
Use due time shift to adjust when the payment is due, and will be automatically collected if the order is set to autopay.
If the invoice is not paid, it will move to past due status after 24 hours.
For more information, see [Activate or deactivate autopay](/docs/data-tables/manage-autopay#activate-autopay).

On a standard subscription, that does not use invoice time or due time shift, the invoice is issued on the renewal date and time, and the invoice is due 1 hour after being issued.

Invoice time or due time shift is configured when you create a new pricing plan.
For more information, see [Create a pricing plan](/docs/settings/products-and-pricing#create-a-pricing-plan).

## Metered billing

Use metered billing when product quantity is unknown to the customer at the moment of creating a subscription.
Metered billing is based on reported [Usage records](/catalog/all/usage).
Every reported usage updates the quantity of an upcoming invoice item for a specified subscription and a plan.
To create a metered billing plan, see [Create a pricing plan](#create-a-pricing-plan).

### Last reported quantity when no usage is reported

Use this option to bill the last reported quantity instead of zero when no usage is reported during a service period.
This is useful for hosted or persistent resources whose usage does not change every period.
This setting is only available when using the **Last reported usage** billing strategy.
For more information, see [Create a pricing plan](/docs/settings/products-and-pricing#create-a-pricing-plan).

## Edit a product and pricing plan

1. In the left navigation bar, press **Settings**.
2. In the **Pricing** section, press **Product & pricing plans**.
3. In the **ID** column, press the item that you want to edit.
4. Edit a product or pricing plan:
  - To edit a pricing plan, on the right of the pricing plan, press **Actions**.
  - To edit a product, on the right of the **Product info** tile, press **Actions**.

## Archive a pricing plan

Use this process to archive a pricing plan that is no longer offered for new sales.
Existing orders that use the plan continue to bill.
Archived plans display at the bottom of the list of pricing plans.

1. In the left navigation bar, press **Settings**.
2. In the **Pricing** section, press **Product & pricing plans**.
3. In the **ID** column, press the product that contains the pricing plan.
4. On the right of the pricing plan, press **Actions**.
5. Press **Archive pricing plan**.
6. Press **Archive plan**.

### Restore an archived pricing plan

Use this process to restore an archived pricing plan.

1. In the left navigation bar, press **Settings**.
2. In the **Pricing** section, press **Product & pricing plans**.
3. In the **ID** column, press the product that contains the pricing plan.
4. On the right of the archived pricing plan, press **Actions**.
5. Press **Restore pricing plan**.

## Filter products

Use this process to filter products that are displayed in the Products page.

1. In the top right of the products table, press **Filters**.
2. In the **Filter** dropdown, select a filter.
3. In the **Operation** dropdown, select a condition.
4. In the **Value** field, enter or select values.
5. Press **Apply filter**.