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So I need to sell my software licenses with service plans. Each service plan may be extended from the standard (required) 1 year to add up to 3 additional years, priced accordingly. Thus, I force the customer to purchase at least 1 year of service plan for each license.
I want to sell each software/service plan bundle as a single item on the webstore, and simply allow the customer to pick the term of service (1-3), then place a single item in the shopping cart with the appropriate pricing.
Here's the final rub: the license will need to be recognized as immediate revenue, while the service plan is recognized ratably during the term of coverage (1-3 years).