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

# Overview

A **Pricing Plan** in Flexprice defines **how your product or service is priced and structured for customers**. Plans are a structured set of pricing rules that determine the cost and access of features for a customer. Whenever a customers subscribes to a plan, it governs their usage limits, billing terms, and available functionality.

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**Plans in Flexprice allow you to:**

* **Monetise your product effectively:** Create any pricing model whether it is recurring, usage-based or hybrid based effortlessly.

* **Define entitlements:** Control which Metered, Boolean, or Static Features are available in each plan.

* **Enable pricing experimentation:** Iterate on pricing and entitlements without major code changes.

* **Handle multi-currency billing:** Create pricing plan in any currency

* **Automate trial management:** Offer trial periods before transitioning to paid plans.

* **Configure advanced charges:** Supports flat fees, package-based pricing, and volume-based pricing.

* **Granular plan management:** Easily edit, duplicate, and manage pricing plans as your product evolves.

With Flexprice, you have full control over how your product is packaged, ensuring **transparent, scalable, and adaptable billing** for your customers.