#Gyan-Subscription
north hull
Hi there, usage based subscription is post-paid, so the invoice is always generated towards the end of the billing cycle.
Just need to set recurring[usage_type]='metered' when creating the price.
hollow barn
Got it!! let me try and update here.
north hull
Welcome, this doc will be helpful https://stripe.com/docs/products-prices/pricing-models#usage-based-pricing
hollow barn
Also, When i created the pricing, It looks like it got created with "sum of usage during period" by default
But, I was planning to update the subscription quantity during the billing cycle, so that stripe can pro-rate the usage and bill accordingly at the end of the cycle.
I think summing up all the quantities that i report can create errors.
north hull
What kind of error do you have in mind?
hollow barn
So, our business model has members who subscribe to the pricing. and we want to initially start the subscription with certain number of members and then increase the quantity as the new members are added.
That's why going with usage_type=metered and updating the subscription qty whenever needed during the billing cycle seemed reasonable fit in our use-case.
What do you suggest?
north hull
This business looks more like a licensed usage pricing model for me https://stripe.com/docs/products-prices/pricing-models#usage-based-pricing
I'd suggest you to go with licensed usage pricing, it's easier than metered and you don't need to report the usage.
hollow barn
Can we update the quantity in between of the billing cycle and also make sure the cost is pro-rated based on when the new members were added?
north hull
Yes, of course.