Annual Prepay Plan

This article includes the following topics:

• About the Annual Prepay Plan

• Cost and Discount Information

• Annual Prepay Plan Invoice Information

With the annual prepay plan, package partners can benefit from discounts depending on yearly usage.

Example: A partner purchases one annual package with 10 commitments for a list price of $500 and a 25% discount.

On the first month of billing, the charge is

By applying the prepaid discount of 25% or $15,000, the net is $45,000.

On the second month since the commitment is prepaid, if there are no extra site licenses or other usages, then there is no charge. However, if there are extra site licenses or other usages, then the monthly price is applied.

Billing for the annual prepay plan may occur during the following frequencies:

• Quarterly

• Annually

• Biannually

• Biennially

The Manage Accounts/Packages page provides two-line items to display the annual prepay plan information:

• Additional Costs line

• Additional Discounts line

The Additional Costs line (see Figure 47) displays the additional prepaid charges the partner has incurred for the extra 11-month payment for all commitments, such as coupons and prepaid costs.

To display additional costs information for an Account, at the bottom of the Manage Accounts/Packages page, click the information icon at the Additional Costs line.

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The annual prepay plan information is provided on the Additional Prepaid line, as shown below.

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Since all commitments have a prepaid discount, the Additional Discounts line (see Figure 48) displays prepaid discounts.

To display additional discounts information, at the bottom of the Manage Accounts/Packages page, click the information icon at the Additional Discounts line.

If the billing is not on a renewal cycle, only charges for the extra site licenses for each package are applied.

Since each account’s monthly payment is still provided, the Prepaid Amount displays the subtracted amount for the annual payment.

The annual prepay plan information is provided on the Prepaid Discounts and Prepaid Amount lines, as shown below.

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If a partner is assigned a non-monthly frequency, and there is a discount for the commitment, then a prepaid discount coupon is assigned.

On the first invoice, the pre-charge includes all commitments for the pay period (if annual, then 12 months) based on the partner package price, minus the prepaid discount.

The Prepaid Discount line item highlighted below displays the discount on the invoice.

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On the non-renewal date invoice, only the charges for the extra site licenses and other usage fees are displayed, as show below.

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