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.