I’m working with subscriptions in Square and need some clarification. If I set the monthly_billing_anchor_date for a subscription to a day like the 31st, what happens in months that don’t have that day (like November)?
For example, if the billing anchor date is set for October 31st, will it automatically move to November 30th for the next billing, or is there something else that happens?
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Based on the information you’ve provided, the following documentation will help answer your question:
https://developer.squareup.com/docs/app-marketplace/requirements/subscriptions-api
https://developer.squareup.com/docs/squarebridge/business-central/payments/collect-payments
https://developer.squareup.com/docs/squarebridge/business-central/onboard
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When you set the monthly_billing_anchor_date for a subscription to a day like the 31st, Square’s system will adjust the billing for months that do not have that day. For example, if the billing anchor date is set for October 31st, the next billing date will indeed be moved to November 30th. This is to ensure that billing continues on a monthly cycle, even when the exact date does not exist in a given month.
This answer was reviewed by @Bryan-Square.