# Pricing Profiles The Pricing Profiles allows the administrator to set price for each resource and its meters that are specified by the resource providers. The Usage and Billing solution allows the administrators to create three type of pricing profiles which can be associated with a plan: 1. Fixed Payment Plan 2. Pay-As-You-Go Plan 3. Fixed Payment + Pay-As-You-Go plan (*available only in versions v1.9.0.7 or higher*) **Fixed Payment Plan** A Fixed Payment Plan does not require any meter of resource provider to be configured. A fixed cost is calculated for any number/type of resources used by the tenant. The fixed cost can be given either as Monthly fee, One-Time fee or combination of both. For monthly fee, the cost for first month is prorated from the date of subscription. Similarly, it is prorated for the last month of subscription until the Subscription deleted date. As the name implies the One-Time fee (No proration) will apply to the subscription for one time only. The number of resources that can be created by the tenant is specified by the admin as part of quota settings while adding its service in the plan. **Pay-As-You-Go Plan** A Pay-As-You-Go Plan requires meter of resource provider to be configured in order to generate the usage cost for tenants. Administrator can set a desired price for each meter of a resource provider, the usage cost of the resource for the tenant is calculated accordingly. **Fixed Payment + Pay-As-You-Go Plan** As the name specifies, it’s a combination of fixed payment plan and pay as you go plan. A minimum fixed amount can be set in the pricing profile along with it, price for meters of various resource providers are set inside the pricing profile. **Note:** If a pricing profile is cloned, all its configuration including the price for each meter, and plan type are copied into the new pricing profile. Pricing profile associated with a plan cannot be deleted provided it has no subscriptions. The trial version of Usage and Billing allows only two pricing profile to be created. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.cloudassert.com/wap-billing/key-concepts/untitled.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.