Billing Cycles (tcmcs0154m000)

Use this session to configure billing cycle. Billing cycles can be used to configure when the billable lines are invoiced, such as, every Monday of the week, or the 15th of every month. According to the billing cycle definition, invoicing is allowed for the billable lines with a billing cycle attached, only on specified days.

The following examples indicate how the billing cycle configuration effects the invoicing date.


Delivery Date	Billable Amount ($)	Billing Cycle Definition	Invoicing Delay after Shipment (Days)	Amount Threshold for Immediate Invoicing ($)	First Possible Invoice Date
25.01.2017	1000	Billing on Wednesdays	10	10000	07.02.2017
25.01.2017	15000	Billing on Wednesdays	10	10000	03.02.2017
25.01.2017	1000	Billing on Wednesdays	0	10000	31.01.2017
25.01.2017	15000	Billing on Wednesdays	0	10000	25.01.2017

Field Information

Billing Cycle: The code of the billing cycle.
Description: The description or name of the code.
Invoicing Delay after Shipment (in days): The number of days invoicing is allowed to be delayed after the shipment.

Note: This value is used to determine the cut-off date for the invoicing on the billable lines. However, this is applicable only if delivery date is specified on the billable lines.
Recurrence: The recurrence's code. A pre defined recurrence can be specified to indicate the allowed billing dates.
Description: The description or name of the code.
Invoicing Start Date: Indicates the first possible invoicing date, according to the billing cycle definition.
Invoicing End Date: Indicates the last invoicing date, according to the billing cycle definition.
Amount Threshold for Immediate Invoicing: The billable line net amount threshold, above which invoicing must be triggered immediately for the billable line, without waiting for the billing dates based on recurrences. This however considers the Invoicing Delay after Shipment (in days).
Currency: The currency in which the threshold amount is expressed.