> For the complete documentation index, see [llms.txt](https://developers.share.inc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://developers.share.inc/concepts/billing-cycles.md).

# Billing cycles

> **Placeholder page.** Full content tracked under the docs content effort.

Billing cycles are anchored to the subscription's `cycleAnchorAt` and renew on the plan's cadence (`MONTHLY` for now). Each cycle has:

* A **start** and **end** timestamp
* An **invoice amount** (plan price)
* A **payment record** referencing the collected funds
* A **grace period** before suspension if unpaid
