Effect of multiple calendars to cycle processing

You have the option of defining multiple billing calendars with different frequencies for the same company for the same year.

For example, you assess weekly and monthly charges but you want the monthly charges to be billed on a specific date. Instead of defining one calendar to accommodate your most frequently assessed charges (weekly) and assessing your monthly charges every four weeks, you can define two calendars - one for weekly charges and one for monthly charges.

During processing, a weekly charge will search for a weekly calendar to select the next billing date, and a monthly charge will search for a monthly calendar. This results in accurate billing dates for all charges.

See Creating a calendar ID.

Note: You can define a calendar ID that lets you associate one or multiple billing calendars with the calendar ID. Then you can assign a calendar ID (a set of calendars) to a Franchise Management company.