Difference between revisions of "Account Invoice Period"

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{{DISPLAYTITLE:Account Invoice Period}}
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=Overview=
 
At the time when they are created, all accounts (regardless of type) adopt an ''Account Invoice Period''. An account invoice period is the overarching time period for the account. Account periods are calculated from the following two fields that are completed.
 
  
; Account Billing Day
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This is the customer’s billing day. The customer’s initial invoice will be pro-rated to this day. Valid entries are numbers 1-28 representing the day of the month when the account invoice period will commence from.
 
; Period Length
 
This is in months. Most customers will receive monthly invoices, therefore this value is usually set to 1. However if your customers receice invoices every 3 months, this should be set to 3.
 
  
Using the default settings of ''Account Billing Day'' = 1, and Period Length = 1, this means the customer's '''Account Invoice Period''' will rujn on a monthly cycle commencing on the 1st of each month and end on the last day of each month.
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Please note: Invoices are generated 2 days after the end of the account invoice period. If the invoice period length is modified, any future account invoice periods that are created in advance and unprocessed will be removed.
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Presuming the anniversary is the 1st of the month, Emersion’s invoice procedure follows the structure below:
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* 12:01am DAY 1 – Advance access fees are generated as pending cardlines
 
* 12:01am DAY 2 – Usage Periods are closed for the period prior. This allows time for late landing usage, or usage files delivered the day AFTER the end of period to arrive
 
* 12:01am DAY 3 – Invoices are created based on all pending cardlines.
 

Latest revision as of 17:09, 8 March 2019

This Content Has Moved House

This article has been moved to our new home for documentation and help content, the new Emersion Knowledge Base.

We are sorry for the untidiness while we are shifting locations and we appreciate your patience during the transition to our new home.

Take me to the Emersion Knowledge Base article

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