Contract Billing Frequency

The time period between billing cycles for a contract or contract line. Valid options are:

Frequency Description
Monthly Bill once a month
Bi-Monthly Bill once every other month
Quarterly Bill on 4 quarters of the year
Semi-Annually Bill twice a year
Annually Bill once a year
One Time Bill once for full amount
In Arrears Bill all open contracts where the billed thru date is less than the process thru date.
Note: A default value for new contracts can be set on the Contract Parameters tab of the Service Parameters form.