---
title: "Scheduling Contracts"
slug: "price-schedules"
updated: 2024-03-18T15:12:04Z
published: 2024-03-18T15:12:05Z
canonical: "help.nexudus.com/price-schedules"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://help.nexudus.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Contract Price Schedules

## What are Contract Price Schedules? 
Contract price schedules are a quick and easy way to discount new and existing contracts. Offer timed discounts to drive new memberships and reward loyal members who've stuck with you over a certain amount of time. 

*For example, offer 15% off their first month, 10% on their second, and 5% on their third, before having them pay full price from their 4th month onward.* 

Contract price schedules can apply to any contract, including contracts you add to proposals. 

## How Contract Price Schedules work 

Price schedules are simple and easy to use. You either create a contract or open an existing one. You can then set up your contract schedule, spanning for **up to 10 years** from the current billing cycle. 


:::(Info) (Contracts price schedules always follow the contract's default <u>invoice period</u> and <u>billing day</u>.)
*For example, if a contract is billed on the first of every month, price schedules can only start from the first of any given month.* 
 
![PriceSchedule_StartDateHighlight](https://cdn.document360.io/4f9a66c7-3dbb-4052-97d8-5439302e1512/Images/Documentation/PriceSchedule_StartDateHighlight.png){height="" width="500"}
:::

{{variable.MoreInformation}} [Adding Price Schedules](/docs/adding-price-schedules){target=`_blank`}.
***

## FAQ

### Can I create a price schedule for existing contracts? 
Yes, you can create {{variable.contract}} schedules for any existing {{variable.contract}}, but the schedule can only start from the {{variable.contract}}'s next billing cycle. *For example, if the {{variable.contract}} was already billed for March, the schedule can only start from April onward.*

### Do price schedules generate new contracts? 
No, price schedules are different from [contract upgrades and downgrades](/docs/upgrading-downgrading-contracts){target=`_blank`} in that they're just a price adjustment for the same contract. The benefits members get from the plan linked to the contract won't change and every new billing cycle on the schedule only impacts the contract's price.