Creating an installment plan for a private offer
As an AWS Marketplace seller, you can use installment plans (also known as flexible payment schedules) to extend private offers with a custom payment schedule. Installment plans are available for private offers on certain product and pricing types. The payment schedule can be spread over the accepted contract duration, with the customer making payments in regular installments. After your customers are subscribed, they can see all the payments on the schedule and on their AWS invoice, helping them track their spending. The following sections provide more information about creating a payment schedule and managing seller reports for installment plans.
For more information, see Product types eligible for private offers.
Creating a payment schedule
The process for creating a custom payment schedule using installment plan is part of the process for creating a private offer. To enable the installment plan option for your private offer, choose Contract pricing with installment plan in the Buyer payment options section when creating the private offer. After you choose a buyer payment option, choose the contract duration for this offer and specify the offer details. For more information, see Private offers.
Note
For private offers with an installment plan, for multi-year and custom duration Amazon Machine Image (AMI) products, set the number of instances for each instance type included in the offer and the hourly pricing for any additional launched instances. After the customer launches the specified number of instances, any additional instances launched are charged at the hourly rate specified in the private offer.
Under Buyer installment plan, provide the Contract total, Number of payments, and First invoice date, and then choose Generate installment plan. You can add up to 60 payments. You also have the option to make adjustments to each payment line item. Each time you adjust a payment line item, the Total amount due from buyer is updated.
Note
The invoice date for the first installment is the first time that the customer is invoiced for your private offer. You receive the payment for each invoice after AWS Marketplace receives the payment from the customer.
The flexible payment scheduler feature validates that the invoice dates fall within the contract duration. If any invoice dates are after the duration of the contract, you receive an error message.
After you verify all invoice amounts and dates, confirm that the Total amount due from buyer matches the total price that you want your customer to pay over the course of the private offer. To finish creating the private offer, complete the remaining steps.
Note
Only one invoice date can occur before the offer acceptance date that you're extending to your customer.
Your customer is invoiced based on the schedule that you defined, and invoices start after they accept the offer. If the first invoice date is scheduled before the offer is accepted, it's processed immediately after the offer is accepted.
Note
You can't modify the payment schedule on a private offer that has been extended to and subscribed by a buyer. To make changes, you must create a new offer.
Reporting for installment plans
Reporting for private offers with flexible payment schedules is in the Section 4: Contracts with flexible payment schedule, of the monthly billed revenue report.