Understand Meter Results in Billing

Meters calculate usage values that flow into billing when a Subscription renews. Connect a Meter to a metered Product before using Metering for invoice charges.

How Meters connect to billing

A Meter does not create charges by itself. To bill from Meter results, configure the following items:

1. A metered Product in the Product Catalog with the Meter attached.
2. The Product added to a Subscription.
3. Events flowing into the Stream.

After setup, Maxio uses the Meter's usage value to calculate charges at the end of each billing period.

Key rules:

• A Meter must be attached to a metered Product before it creates charges.
• The Product must be added to the Subscription.
• Segment values must match the values used in Product pricing.
• Events received after the grace period closes are not included in the current billing period and are not automatically applied to a future period.

How usage accumulates

During a billing period, Maxio processes incoming events and updates Meter values in real time.

At the end of the billing period, Maxio:

1. Reads the Meter result.
2. Applies the Product's pricing.
3. Creates the Invoice charge.
4. Resets the Meter value for the next billing period.

Segmented usage results

If a Meter uses a Segment, Maxio calculates usage separately for each Segment value.

Example:

A Meter segmented by region can calculate separate usage totals for:

• us-east
• eu-west
• ap-southeast

Each Segment value can have separate pricing on the metered Product.

Where to review meter results

Review Meter activity in the following areas:

• Metering > Streams > Events: Confirms that events were received and validated.
• Metering > Streams > Meters: Shows Meter configuration and calculated usage.
• Subscription's Components tab: Shows the metered Product added to the Subscription.
• Invoices: Shows the final charge generated from the metered Product.

How usage appears on an invoice

At billing time, the metered Product's quantity is set to the Meter's final usage value for the period. The Invoice line item shows the Product name, the usage quantity, and the price applied.

If segmentation is used, each Segment appears as a separate line item.

Billing timing and grace period

The Subscription Renewal Grace Period (In Minutes) gives Maxio extra time to receive usage data before finalizing a billing period.

Use a grace period when events may arrive shortly after the billing period ends. Events received after the grace period may not be included in the closed billing period.

For steps to configure the grace period, see Configure Maxio Metering.

Related information

To review current usage or test billing before renewal, see Review Meter Results in Billing.

To connect a Meter to a Product, see Design Your Catalog: Use Metering with Products.