Cycle Billing

The cycle billing option allows you to print customer statements based on the statement cycle code assigned to each customer.  You can define which customers will be billed on a weekly, bimonthly, monthly, or quarterly basis.  Statements for a customer are printed only when the cycle assigned to the customer is selected.  However, the system does not keep track of when each statement should be printed.  The user is responsible for selecting quarterly statements four times a year, monthly statements twelve times a year, bimonthly statements twice a month, and weekly statements once a week.