What happens to my subscription if I change the billing period from monthly to yearly?

Changing the billing period from monthly to yearly is possible at any time during your subscription. Whenever you do that, the system will calculate the price difference taking into account any unused funds from your current billing period. 

Say you switch to yearly payments in the middle of your monthly 1 seat subscription ($6/month). You still have $3 left from your last payment, so we’ll take that to lower the yearly plan cost for a 1 seat subscription (12x$5=$60/year). You will need to pay $60-$3=$57 for the switch after changing the billing period.

Also, your next renewal date will be a year from your current renewal date (so if your current renewal date is on September 13th, 2022, it will change to September 13th, 2023).