{"id":1984,"date":"2020-08-24T07:48:34","date_gmt":"2020-08-24T02:18:34","guid":{"rendered":"https:\/\/blog.isocietymanager.com\/?post_type=ufaq&#038;p=1984"},"modified":"2020-08-24T07:48:34","modified_gmt":"2020-08-24T02:18:34","slug":"how-to-add-billing-cycle","status":"publish","type":"ufaq","link":"https:\/\/factech.ai\/blog\/ufaqs\/how-to-add-billing-cycle\/","title":{"rendered":"How to add Billing Cycle?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-load_more ewd-ufaq-category-tabs- ewd-ufaq-faq-category-title-accordion\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='date' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='desc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/blog\/wp-json\/wp\/v2\/ufaq\/1984' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default\" id='ewd-ufaq-post-1984-keaILz3yvO' data-post_id='1984'>\n\n\t\t\n\t<div class='ewd-ufaq-faq-title '>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='https:\/\/factech.ai\/blog\/ufaqs\/how-to-add-billing-cycle\/' >\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-square'>\n\t\t\t<span >A<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tHow to add Billing Cycle?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body' >\n\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t<p>Bill Cycle is the duration of the bill that is being generated for the invoice e.g. Most of the bills are generated monthly but some bills are generated on quarterly basis even some bills are generated on yearly, Our iSocietyManger has facility to create bill cycle according to their choice.<\/p>\n<p>To add new Bill Cycle we will be following the steps mentioned below:-<\/p>\n<ul>\n<li>Go to Menu -&gt; Bill -&gt; Billing Cycle then click on <strong>Add Billing Cycle<\/strong> button present at top right corner.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-1985 aligncenter\" src=\"https:\/\/blog.isocietymanager.com\/wp-content\/uploads\/2020\/08\/billCycle-300x183.png\" alt=\"\" width=\"387\" height=\"236\" srcset=\"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2020\/08\/billCycle-300x183.png 300w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2020\/08\/billCycle.png 615w\" sizes=\"auto, (max-width: 387px) 100vw, 387px\" \/><\/p>\n<ul>\n<li>Now we have to choose the bill plan in the drop down menu for which we are creating the bill<br \/>\ncycle, it could be electricity, maintenance, manual bill plan etc.<\/li>\n<li>In \u201cBilling Month\u201d we have to choose the billing month for which the bill is being the generated.<\/li>\n<li>\u201cDisplay Name\u201d is the name of the Billing Cycle Name which display in the list of the billing cycle.<\/li>\n<li>In \u201cStart Date\u201d we have to mention the Start date of the billing from which the bill is being<br \/>\nraised the same way we have to mention \u201cEnd Date\u201d we have to mention the end date of the<br \/>\nbilling cycle, this way we can mention the billing cycle for either for month or quarter or yearly<br \/>\netc.<\/li>\n<li>In \u201cBill Date\u201d we have to mention the on which the bill is being is generated.<\/li>\n<li>In \u201cBill Due Date\u201d we have to mention due date to whom which the payment is considered to be<br \/>\nas late payment.<\/li>\n<li>\u201cNumber of Day\u201d automatically gets counted when we have mentioned the \u201cStart Date\u201d and<br \/>\n\u201cEnd Date\u201d for the bill cycle.<\/li>\n<\/ul>\n<p>Payment Consideration<\/p>\n<ul>\n<li>We can configure payment and reading consideration as per needs, this configuration are generally<br \/>\nneed in prepaid quarterly\/monthly invoice, Refer below image for reference.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-1986 aligncenter\" src=\"https:\/\/blog.isocietymanager.com\/wp-content\/uploads\/2020\/08\/BillCycle-advance-300x137.png\" alt=\"\" width=\"337\" height=\"154\" srcset=\"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2020\/08\/BillCycle-advance-300x137.png 300w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2020\/08\/BillCycle-advance-768x351.png 768w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2020\/08\/BillCycle-advance.png 931w\" sizes=\"auto, (max-width: 337px) 100vw, 337px\" \/><\/p>\n<p>** If we want to generate prepaid bill\/invoice for the month of Jan\u201920 and payment need to consider<br \/>\nwhich we received in last month i.e. Dec\u201919 then we have to configure consider payment from and to.<br \/>\nSimilarly we can configure reading consideration as per needs.<\/p>\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-custom-fields'>\n\n\t\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-permalink'>\n\t\n\t<a href='https:\/\/factech.ai\/blog\/ufaqs\/how-to-add-billing-cycle\/'>\n\t\t\n\t\tPermalink\t\t <div class='ewd-ufaq-permalink-image'><\/div> \t\n\t<\/a>\n\n<\/div>\n\t\t\n\t\t\t\t<div id=\"respond\" class=\"comment-respond\">\n\t\t<h3 id=\"reply-title\" class=\"comment-reply-title\">Leave a Reply <small><a rel=\"nofollow\" id=\"cancel-comment-reply-link\" href=\"\/blog\/wp-json\/wp\/v2\/ufaq\/1984#respond\" style=\"display:none;\">Cancel reply<\/a><\/small><\/h3><p class=\"must-log-in\">You must be <a href=\"https:\/\/factech.ai\/blog\/wp-login.php?redirect_to=https%3A%2F%2Ffactech.ai%2Fblog%2Fufaqs%2Fhow-to-add-billing-cycle%2F\">logged in<\/a> to post a comment.<\/p>\t<\/div><!-- #respond -->\n\t\n\t\t\n\t\t\t<div class='ewd-ufaq-back-to-top'>\n\t\n\t<a class='ewd-ufaq-back-to-top-link'>\n\t\tBack to Top\t<\/a>\n\n<\/div>\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A How to add Billing Cycle? Bill Cycle is the duration of the bill that is being generated for the invoice e.g. Most of the bills are generated monthly but some bills are generated on quarterly basis even some bills are generated on yearly, Our iSocietyManger has facility to create bill cycle according to their<\/p>\n","protected":false},"author":10,"featured_media":1985,"comment_status":"open","ping_status":"closed","template":"","ufaq-category":[281,167],"ufaq-tag":[857,858,859,860,862,861],"ufaq_folder":[],"class_list":["post-1984","ufaq","type-ufaq","status-publish","has-post-thumbnail","hentry","ufaq-category-bill-generation","ufaq-category-billing","ufaq-tag-bill-generation","ufaq-tag-how-to-add-bill-cycle","ufaq-tag-how-to-add-bill-date","ufaq-tag-how-to-add-bill-due-date","ufaq-tag-how-to-add-billing-month","ufaq-tag-how-to-add-consider-payment-from-date"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to add Billing Cycle? - Facility Technology<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/factech.ai\/blog\/\/ufaqs\/how-to-add-billing-cycle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to add Billing Cycle? - Facility Technology\" \/>\n<meta property=\"og:description\" content=\"A How to add Billing Cycle? 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