Baremetrics Updates

https://baremetrics.com

SaaS Business Calculators

We have added a helpful new suite of free calculators that can help you understand your company’s value, financial outlook, and more.

  1. Startup Runway Calculator - helps startup founders and early investors forecast their company's financial situation
  2. SaaS Valuation - calculates a valuation for a private SaaS company
  3. Business Cashflow Forecast - find out how and when a business will need to raise, borrow or earn more cash
  4. SaaS Goal Setting - find out what levers need to be pulled (and when) to yield the greatest return with the least amount of effort

Check out all the SaaS Calculators here: Baremetrics SaaS Calculators

API - Proration Charge Fixes

Rolling out two improvements around proration in the API! 🎉

When a customer moves to a higher-priced tier - Proration items will be included on the next charge in their billing cycle. For example, a customer signs up for a $12/mo plan and upgrades to a $24/mo plan a week later. On the next charge, we'll do two things: $9 unused credit from their $12/mo plan, and $18 of usage from their $24/mo plan from the point the plan changed = $33 charge. This is a simple example, we'll calculate down to the second in reality. 

When a customer moves to a lower priced tier -  If the change from one plan to another creates a proration larger than the following charge, or any number after that, a charge will not be created until the credit has been used. This is notable for annual to monthly plan changes, we'll keep track of the balance of the annual plan and resume charges when it has been used. 

API Documentation


API - Add On Fix

Previously add ons created via the API would correctly show up in MRR but would not be reflected in charges created when auto-charging is enabled.  The charges now will reflect the MRR with the included add-ons.