Billing StrategyBilling Frequency

Billing Frequency

A Billing Frequency defines the base billing cycle — how often a customer is invoiced. Billing frequencies are the building blocks for billing strategies.

Default Billing Frequencies

BillHive comes with common frequencies pre-configured:

NameTermPeriod
Monthly1Month
Quarterly3Month
Half Yearly6Month
Annually1Year
Weekly1Week
Bi-Weekly2Week

Managing Billing Frequencies

View All Frequencies

Navigate to Settings > Billing Strategy. The Billing Frequencies card on the left shows all configured frequencies with their opt-in status.

Create a Billing Frequency

  1. Click the Add button on the Billing Frequencies card.
  2. In the modal, enter:
    • Period Name — A human-readable label (e.g., “Bi-Monthly”).
    • Term — The numeric value (e.g., 2).
    • Period — The unit: Day, Week, Month, or Year.
  3. Click Save.

Enable / Disable a Frequency

Toggle the switch next to any frequency to opt it in or out. Only opted-in frequencies appear when creating billing strategies and rate plan prices.

Field Descriptions

FieldRequiredDescription
Period NameYesDisplay name shown across the application.
TermYesNumber of period units in one billing cycle.
PeriodYesUnit of time: Day, Week, Month, or Year.
Is Opted—Whether this frequency is available for selection. Controlled via the toggle switch.
Is Trial—System field. Always false for billing frequencies (distinguishes them from trial periods).

How It’s Used

  • Billing Strategies reference a billing frequency as their base cycle.
  • Rate Plan Prices inherit the billing frequency through the selected billing strategy.
  • Invoices are generated at the cadence defined by the billing frequency.
  • Pricing Tables display the billing frequency label (e.g., “/month”, “/year”).