How to add custom ringtone to iPhone(iOS 7.0.4)?

After setting the time for the duration of the ringtone, I go to the next step, but the AAC option isn't there anymore. Does anyone know how to make a custom ringtone for this update? I'm getting tired of having the same ringtones as other iPhone users.

There are multiple ways.

2 are free.

2 are not.

2 NOT free ones first.

1. Buy ringtones in the store.
2. Make ringtones with your music and purchase through the store.

Free ways.

1. Take your song into a program like Logic, Protools, or Garageband (if you dunno what these are then google it) and make the song a 40 second snippet and export as an aac (aka mp4/m4a) to a place you will remember.

*Unless in Garageband, in Garageband you can export as a Ringtone file straight to iTunes.*

Change files extension to.m4r and then import into iTunes.

2. Take song in iTunes. Highlight it. Right click on the song and select "Get Info". Click the "Options" tab. Set your start and stop times of the clip you want (remember only 40 secs). Make sure when you type in your start and stops that the boxes next to it are checked. Next after your times are set you need to Convert this file to aac in iTunes. After the file is finished change your full song back to its original start and stop times or just uncheck the boxes. Now find the song you just converted and drag it to the desktop. Here you need to change the files extension to.m4r and then delete the m4a version in iTunes and then drag this new file into iTunes. Now it should be imported as a ringtone and just sync you phones tones and there ya go.

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