How to upgrade your subscription
Here, you can increase the number of allowed Organisations
in your subscription. Volume-based discounts are available:
If you switch to
yearly billing, you’ll see on the Upgrade A Subscription page the newly
selected option Annual Payment:
Additionally, the summary on the right will show both the current and the updated subscription details.
After clicking on PAY NOW, you’ll be charged a pro rata upgrade fee.
This
is how the pro rata fee is calculated:
Product | Qty | Amount paid | Next billing amount | Next billing date |
ApprovalMax for Xero Premium | 1 | 90 EUR | 90 EUR | 1 Feb |
On 14 January (middle of the month), you decide to put one more Organisation
on this subscription. For this you need to upgrade. Let’s take a look at how
the fees are calculated.
The upgraded subscription will cost 90 EUR x 2 Organisations = 180 EUR per month, which is the fee for the next full billing period. However, when you upgrade on 14 January, you’ll need to pay the upgraded subscription price only for the second half of January, i.e. 90 EUR (180 EUR / 2). Half of the monthly fee already paid for the initial subscription will be refunded as you won’t be using it after the upgrade. Here’s how the line items of the invoice for such an upgrade will look:
Product | Qty | Amount |
Unused time for the ApprovalMax for Xero Premium plan until the end of the month (½ of the billing cycle) | 1 | 90 EUR / 2 = 45 EUR (half the price of January) will be refunded: - 45 EUR |
ApprovalMax for Xero Premium plan until the end of the month (½ of the billing cycle) | 2 | (90 EUR * 2 Org.) / 2 = 90 EUR will be charged for the second half of January for the upgrade: 90 EUR |
Total for January (pro rata fee) | 45 EUR | |
On the 14 January, you’ll be charged a 45 EUR pro rata fee for the upgrade;
and from the start of the next billing period (1 Feb) you’ll be charged 180 EUR
per month.
Product | Qty | Amount paid | Next billing amount | Next billing date |
ApprovalMax for Xero Premium | 2 | 180 EUR | 180 EUR | 1March |
You
can find all your invoices here:
Please note: upgrading a plan for subscriptions purchased in the Xero App Store differs and is done on the Xero side.If you want to increase the number of Organisations or switch to yearly billing, please contact the ApprovalMax sales team.
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