Billing Frequency Behaviour

SVenkatesan
Contributor

Assume in my products list, I have a plan called "PLAN A" where the unit price of this product is 600 $ per year meaning my billing frequency is set to Annual. 

I'm trying to use this product in my line item or quote. 
My line item looks like 
IMAGE 1, where MY MRR is 5000$ which is right.
IMAGE 1IMAGE 1

 

But when I change the billing frequency to Monthly for the same line item, MRR is 60000$ which is wrong. It looks like the system takes unit price equal to what billing frequency is chosen as per IMAGE 2

 

IMAGE 2IMAGE 2

 

Ideally, billing frequency is just how many number of times prospects are billed in a year(term). it should consider what is set in the product catalogue. Since unit price and billing frequency are editable. Could not find the solution for it. 
Can anyone please help me with this?

1 Accepted solution
trevordjones
Solution
Recognized Expert | Diamond Partner
Recognized Expert | Diamond Partner

Hi again @SVenkatesan ,

 

Unfortunately there is currently no way to restrict how users can apply line items on quotes without custom code.  Working within HubSpot's current architecture the best we could do us use smartl ists to generate a list of probable errors, coulpled with a workflow to notify users and/or assign tasks to correct errors when they occur.

 

HubSpot's CPQ tool is still very new, so I am sure we will see more flexibility as time goes on.  In the meantime, you might search the App Marketplace for a comprehensive CPQ Tool that offers you more flexibility.

 

- Trevor
If my post solves your problem, please accept it as a solution.

 

Trevor Jones

Consultant II

Process Pro Consulting
mobilePhone
(207) 939-7689
emailAddress
tjones@processproconsulting.com
website
processproconsulting.com
address
Remote from Maine
linkedin

View solution in original post

0 Upvotes
3 Replies 3
trevordjones
Recognized Expert | Diamond Partner
Recognized Expert | Diamond Partner

Hi @SVenkatesan ,

 

In the second scenario, you need a monthly recurring product with a $50.00 monthly price point.  Then, 100 units will produce the desired annual contract value of $6000.

 

The products in the line items tool aren't designed to take an annual product and "do the math" to make it a monthly product.

 

- Trevor
If my post solves your problem, please accept it as a solution.

 

Trevor Jones

Consultant II

Process Pro Consulting
mobilePhone
(207) 939-7689
emailAddress
tjones@processproconsulting.com
website
processproconsulting.com
address
Remote from Maine
linkedin
0 Upvotes
SVenkatesan
Contributor

So, every time I have to create separate products for each billing frequency. 
In that case, is it possible to restrict billing frequency changes by any user? 

0 Upvotes
trevordjones
Solution
Recognized Expert | Diamond Partner
Recognized Expert | Diamond Partner

Hi again @SVenkatesan ,

 

Unfortunately there is currently no way to restrict how users can apply line items on quotes without custom code.  Working within HubSpot's current architecture the best we could do us use smartl ists to generate a list of probable errors, coulpled with a workflow to notify users and/or assign tasks to correct errors when they occur.

 

HubSpot's CPQ tool is still very new, so I am sure we will see more flexibility as time goes on.  In the meantime, you might search the App Marketplace for a comprehensive CPQ Tool that offers you more flexibility.

 

- Trevor
If my post solves your problem, please accept it as a solution.

 

Trevor Jones

Consultant II

Process Pro Consulting
mobilePhone
(207) 939-7689
emailAddress
tjones@processproconsulting.com
website
processproconsulting.com
address
Remote from Maine
linkedin
0 Upvotes