Hi Amanda,
Thanks for asking! This is Yifang Wu from the docs team.
According to the previous version of this Knowledge Center article, the calculation before this release for the weekly based billing period is as below:
Weekly Based Billing Period
Follow the formula below to calculate TCV values of recurring charges:
TCV = (Price/Number_of_Days_of_Base_Price) * (Charge_Effective_End_Date - Charge_Effective_Start_Date)
For example: A recurring rate plan
- Charge Model: Flat Fee Pricing
- Price: $140
- ListPriceBase: Week
- Billing Period: Week
- Charge Effective Start Date: January 1
- Charge Effective End Date: January 20
TCV = ($140/7)*19 = $380
Best,
Yifang