While performing an ABO action, you can also change the standard billing frequency of your asset to a custom billing frequency. You can define a custom billing frequency using a billing plan. For example, you are a customer service representative for a software company and you must change the Billing frequency from Monthly to three equal installments for a customer's software subscription plan, mid-cycle on 01 Apr 2019 .

Prerequisite:

Before you change the Billing frequency of the subscription from Quarterly to three equal installments, you see the following Billing Schedules.