Contract Billing Frequency
The time period between billing cycles for a contract or contract line. Valid options are:
Frequency | Description |
---|---|
Monthly | Bill once a month |
Bi-Monthly | Bill once every other month |
Quarterly | Bill on 4 quarters of the year |
Semi-Annually | Bill twice a year |
Annually | Bill once a year |
One Time | Bill once for full amount |
Elapsed Days | Bill all open contracts where the billed thru date is less than the process thru date |
Note: A default value for new contracts can be set on the
Contract Parameters tab of the
Service Parameters form.