Frequency of recurring invoices
You can control the frequency of recurring invoices by selecting frequency options in Billing on a yearly, quarterly, monthly, semi-monthly, or weekly basis. You can also define a non-standard cycle code for recurring invoices.
This table shows you the parameters you need to define for each frequency option:
To | Define |
---|---|
Bill by a non-standard frequency | A cycle code |
Bill on a yearly basis | Bill month (1-12) and a bill day (1-31) |
Bill on a quarterly basis | Bill month (1-3) and a bill day (1-31) |
Bill on a monthly basis | Bill day (1-31) |
Bill on a semi-monthly basis | Bill day (1-15) |
Bill on a weekly basis | Bill day of the week |
Note: If you define the bill day frequency to 31, the customer will be
billed by the Billing application on the last day of each month.
Cycle Code
A cycle code is a non-standard frequency that you can use to create and bill invoices. For example, you can define a cycle code to a recurring invoice to create the recurring invoices every three weeks, the second Tuesday of every other month, or another non-standard frequency that you use.