Payment Plan Proration
Using your Gym Management Software, you can prorate payment plans.
Here’s how to select proration options for payment plans, starting from the “Account” tab of your Dashboard. Step-by-step instructions are below:
Step-by-Step Guide:
Step 1: Click on the “Stripe” tab on the left sidebar.
Step 2: Click on the “+ Create New Payment Plan” button.
Step 3: Fill in the plan details and click on the “Show Advanced” link.
Step 4: Select the anchor date.
Step 5: Select proration behavior for the start of the subscription and save.
Prorate First Charge: User will be charged a prorated amount when the subscription starts (for the time between the start date and the anchor date), and again when the anchor date arrives.
Charge Full Amount: User will be charged the full amount when the subscription starts, and again when the anchor date arrives.
Do Not Charge: User will not be charged when the subscription starts. Only when the anchor date arrives.
Now, you can specify proration options for payment plans!