You can create plans that tie customers to a specific contractual term length, such as for an annual term, while keeping the subscription billing at a shorter, more frequent interval, like monthly. This creates a subscription that bills monthly for a total of 12 times in an annual term.
To create this type of plan, you'll need to configure both the billing period and the subscription term within the plan's settings:
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Start a New Plan:
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Visit the Plans configuration page in the Recurly Admin Console.
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Click on New Plan to begin.
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Configure Billing Period and Subscription Term:
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In the "Billing Period" section, set the interval at which your subscriptions will renew and bill. For example, setting this to "Monthly" means your subscriptions will bill every month.
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In the same section, the "Subscription Term" setting controls the total duration a customer is locked into the subscription before they can cancel. It also allows you to control the subscription's behavior at the end of the term, such as whether it will automatically renew or expire.
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You'll need to consider your specific use case to determine the appropriate settings for both the billing period and the subscription term.
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