Recurrences

In the Recurrence Setup (RRS) you can define the contract lines billing frequency. There are six types of recurrences:

  • Daily - items are billed every n days or every n weekdays.
  • Weekly - items are billed every n weeks and on a particular day of the week.
  • Monthly - items are billed every n months on a particular day.
  • Yearly - items are billed annually on a particular day of a particular month (for example, every August 30th) or on a specific day of the week in a month (for example, every last Friday in March).
  • Once - a contract line is billed once and applies to a moment in time.
  • Custom - items are billed on a custom basis. A series of billing dates can be specified. An invoice is generated to cover each date.