How to Add Billing Cycles
Navigate to Accounts Receivable > Settings > Cycles.
From the Work with Cycles screen, press + to add a new Cycle.
Field | Description |
Cycle number | Enter the 9 digit routing number |
Description | Enter the name of the bank |
Number of days until penalized | Leave as 0 if no penalty. |
Number of days until cutoff | Leave as 0 if no cut off. |
Last billing date for cycle | Last date billing was completed. |
Comment | Informational only. |
Press Submit to save.
*Note: Default number of days in the Billing Cycle will be 30. If cycle is a different number of days, User will need to update after adding.
From the Work with Cycles screen click on the Cycle from the list then press the pencil icon to edit or Right click on the Cycle and choose Update.
Update Number of days in billing period to the appropriate number for that cycle then press Submit to save.
Version 1.1