In Salesforce Industries CPQ, a time plan refers to a scheduling strategy that determines how a product or service is billed over a period of time. One key characteristic of time plans is that they can be prorated, which means the charges can be adjusted based on the actual duration of use within the billing period. This proration enables more flexible and accurate billing for customers who start or end their subscription mid-cycle, ensuring they are only billed for the portion of the service they actually use.
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