Annually billing (also yearly or annual) charges customers on a recurring 12-month schedule. The yearly price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.
Bi-annually billing charges customers on a recurring 24-month schedule. The bi-annual price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.
A billing cycle defines how often a service is priced and charged — from hourly pay-as-you-go to multi-year subscriptions.
Hourly billing (also pay-as-you-go or PAYG) charges customers only for the time a service is actually running.
Monthly billing charges customers on a recurring one-month schedule. The monthly price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.
Quarterly billing charges customers on a recurring 3-month schedule. The quarterly price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.
Semi-annually billing charges customers on a recurring 6-month schedule. The semi-annual price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.
Tri-annually billing charges customers on a recurring 36-month schedule — the longest standard commitment period CMP supports. The tri-annual price comes from the rate card package; how much is charged at creation or renewal and when invoices are generated depend on your billing rule, payment mode, and (for postpaid/manual) advance invoice settings.