Invoice Cycle Calculation Rules

You set up an invoice cycle calculation rule to define the type of calculation that the system uses to calculate an invoice date. For example, you can set up daily, biweekly, or based-on-date invoicing. You can then enter test dates to review the calculated invoice dates and ensure that you have set up the calculation correctly.

If the calculation rules are biweekly, semi-monthly, or after each month, you must also set up scheduled invoice date ranges.

This table contains invoice cycle calculation rules that are hard-coded and require specific settings:

Calculation Rule	Required Settings
Daily invoicing	Day of Week must be blank. Based On Date Name must be zero. Days to Increment is optional.
Weekly invoicing	Requires Based On Date Name and Day of Week. Days to Increment is optional.
biweekly invoicing	Requires Based On Date Name. Day of Week must be blank. Days to Increment is optional.
Semi-monthly invoicing	Requires Based On Date Name. Day of Week must be blank. Days of Increment is optional.
End-of-month invoicing	Requires Based On Date Name. Day of Week must be blank. Days to Increment is optional.
Based-on-date invoicing	Requires Based On Date Name. Day of Week must be blank. Days to Increment is optional.