Articles on: Loop Features

Specific day billing

The Specific Day Billing feature lets you charge all subscribers on a set day, whether it's the same day of the week, month, or year, regardless of their start date. This is perfect for streamlining operations, managing delivery schedules, or aligning billing for digital subscriptions. It helps you better plan for upcoming orders and raw material purchases.


Content of the article


What exactly is specific day billing?
How to enable specific day billing?
Terminologies
Help section


What exactly is specific day billing?


The specific day billing feature allows you to charge all your subscribers on the same day (of week or month) or same date every year irrespective of the start date of their subscription.

This is useful when 

You sell digital subscriptions and want to bill all your subscribers on the 1st of each month.
You need time to prepare for deliveries and want to know the number of upcoming orders beforehand to plan and purchase raw materials.
Or you want to simplify your backend operations by doing all subscription deliveries on a specific day.


How to enable specific day billing?


You can enable specific day billing in both new and existing selling plans.




Terminologies


Anchor Day


This defines the day or date on which the billing will happen. It is not supported for daily deliveries.

Weekly deliveries
Monthly deliveries
Yearly deliveries

For weekly deliveries, you can set a day (Monday, Tuesday, etc.)



For monthly deliveries, you can set the day (1st, 2nd, 3rd...31st) of each month



For yearly deliveries, you can set the date (1st, 2nd..) of month (Jan, Feb...)



First Delivery


This determines when the order will be open for fulfilment after the customer has purchased it.

On Checkout: This is for immediate fulfilment. So as soon as the order is placed, it will be open for fulfilment.
On Anchor: Fulfillment will happen on the nearest anchor day. Suppose, the customer has placed an order on Monday, but you have selected the anchor day as Wednesday. Then, the order will be open for fulfilment on Wednesday only.

Cut-off window


This is set in number of days and prevents billing user multiple times within a short period of time. It is measure from the day/ date of anchor day. So if the customer places an order within the cut-off window, and

If the first delivery is on checkout, then it will schedule the delivery on nearest anchor day.
If the first delivery is on anchor, then it will jump the next anchor day and schedule the delivery on the next anchor day.

Suppose, you have set a selling plan with 

weekly delivery
anchor day as Monday
cut-off as 2 days


Case A: first delivery on checkout


Customer ordered onLies in CutoffOrder fulfilment on
TuesdayNo (Diff is 6 days)Tuesday
ThursdayNo (Diff is 4 days)Thursday
SundayYes (Diff is 2 days)Upcoming Monday



Case B: first delivery on anchor


Customer ordered onLies in CutoffOrder fulfilment on
TuesdayNo (Diff is 6 days)Upcoming Monday
ThursdayNo (Diff is 4 days)Upcoming Monday
SaturdayYes (Diff is 2 days)Next Monday



Need help?


No need to fret; we’re here to jump in and help you out. Reach out to us at support@loopwork.co or feel free to ping us on chat by clicking the support beacon on the bottom right.

Thanks!

Loop Subscription Team 🙂

Updated on: 05/09/2024

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