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Grace period ✨

· One min read
Premium feature

This feature is only available to users with a premium license. Please contact us to get access to Lago Cloud and Lago Self-Hosted Premium.

If at the end of the billing period, you want to review the invoices before sending them to customers for payment, you can define a grace period.

During the grace period, invoices are in draft status and can be modified. Available actions include:

  • Adding usage records by sending events with a timestamp within the relevant billing period;
  • Applying coupons to the customer's account; and
  • Adding credits to the customer's wallet and credit note wallet.

When the grace period expires, invoices are automatically finalized (they can no longer be edited), which triggers the invoice.created webhook. You can also finalize invoices manually.

The organization's grace period applies to all customers by default, but it can be overwritten by the customer's grace period.