Using The Bill Period Schedule Method

The bill period schedule method causes the bill segment end date to be calculated using a bill period schedule. The bill period's schedule defines when bill segments are produced and their respective end dates. This method is used when the bill segment needs to fall on strict calendar boundaries (e.g., quarterly bills that end on the last day of the quarter).

The obligation's obligation type indicates if the obligation uses this method. If so, the obligation type also specifies the bill period whose schedule defines the end dates.

Note:

Future and Past End Dates. It's important to be aware that a bill period schedule can be used to generate end dates that are in the future or in the past.