Recurring pricing is used for products/services that are billed on a regular basis. It is most commonly used for subscription services, but can be used in many other use cases.
In GleanQuote, you can associate a Billing Frequency or Recurrence Period with products with any pricing type and any currency. Billing Frequency options are Non-Recurring, Per Week, Per Month, Per Quarter, and Per Year.
You can view the pricing and billing period of your products in the products tab list view by toggling on Standard Price and Billing Period columns and dragging and dropping your columns to fit your desired view.
Recurring pricing products display on quote tables with their billing frequency included. Products with the same billing frequency will be grouped together in the quote subtotals.
You can toggle on separate tax, shipping, additional discount and custom subtotal fields for each billing frequency type by selecting them from the Recurrence drop down. Each one has it's own toggle and input boxes for amount and checkbox for allow edit.
Recurring price totals are displayed separately in the Proposal Stat summary at the top of the Proposal list view:
You can toggle on the columns for different billing frequencies if you want to see all of the proposal totals in the proposal list view:
And you if a proposal has totals with different billing frequencies, you will be able to see them on the proposal overview page:
RECURRING PRODUCTS AS PRODUCT OPTIONS:
Recurring products can be used as fixed product options for any other products (recurring or non-recurring). This allows you to create configurable recurring products or configurable products that contain non-recurring and recurring option products. But if the option type is not Drop Down (Fixed product, separate) or Multi-Drop Down (Fixed product, separate), the billing frequency of the option product must be the same as the billing frequence of the parent product.
Here is an example of a configurable Recurring Product that has other recurring products as options. Software Plan is the parent product and Additional Users, Extra Storage, and Extra API calls are fixed product options with editable quantities.