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How do I set invoice cycles?
You can set invoice cycles based on the payment frequencies you set for the contract.
- 1.Weekly: If your contractor payment frequency is set to weekly, you will be required to select the invoice cycle from a day of the week. (Sunday, Monday, etc.)
- 2.Biweekly: If your contractor payment frequency is set to biweekly, you will be required to set the invoice cycle on a day of the week. Invoices for biweekly payments will be generated every alternate week, on the day of the week you select.
- 3.Semimonthly: If your contractor payment frequency is set to semimonthly, you will be required to set the invoice cycle on either the 15th of the month or on the last day of the month. Invoices for semi monthly payments will be generated on the 15th of the month and the last day of the month.
- 4.Monthly: If your contractor payment frequency is set to monthly, you will be required to set the invoice cycle on a certain day of the month. Invoices for monthly payments will be generated every month on the date you choose.
Last modified 2mo ago