We charge our customers an annual subscription fee, for a year starting at March.
We would like to automate the process of billing the clients and amortizing the revenue (the fee is charged for the whole year, and the deferred revenue is amortized every month).
I am trying to configure the subscription functionality in the service management module to achieve that.
When I create a Service Subscription, I select (through a subscription group), the Invoicing Period Code. However, it looks like that a "period type" with frequency of "Years", only allow me to set subscription that runs from January to December (and I need March to February).
Is there a way to set up subscriptions to charge an annual fee for a subscription that DOES NOT start in January?
Is there another way to automate invoicing of annual charge?