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Finance & Accounting

Subscription Billing Glossary

Terms for charging customers automatically on a repeating plan.

5 terms · Updated 12 November 2026

B1 term

Billing Cycle

The repeating period between two charges for a subscription.

D1 term

Dunning

Following up on failed or late subscription payments with reminders and retries.

P1 term

Proration

Adjusting a charge for part of a period when a plan starts, changes or ends mid-cycle.

R2 terms

Recurring Billing

Charging customers automatically at fixed intervals such as monthly or yearly.

Renewal

Extending a subscription for another term, either automatically or after approval.

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