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Product Name: Basic Plan
SKU: BP1
Price: $4.99 (original price)
Click on the Advanced Inventory link
Change Manage Stock to "No"
Click Done
At this point our basic product setup is complete
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2. Setup Billing Frequency (how to set up a billing frequency)
Navigate to MPOWER - Configuration – Billing Frequency
Add new billing frequency (monthly and annual)
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Scroll down to the Subscription Options section and open it
Available For: Recurring Purchase Only
Click on the ‘Manage’ button for opening Recurring Options Management
Is Trial Offered (step1): Off (we kept this of for this basic demonstration)
Start Date(step1): Last Day of the Current Month (since we want to bill people at the end of the month)
Lock Product Price(step1): Off (will allow us to set a custom price for each billing frequency)
Unlock Preset Qty(step1): Off
Billing Frequencies (Step2): Click on Add New button twice and select correspond Billing Frequency (monthly and annual)
Billing Frequencies (Step2): Set the price $4.99 for month and $49.99 for year
click Next and Save
At this point basic configuration of a subscription is done
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