Each billing period at CCBill is one week in length. A new period begins every Sunday, with the period ending the following Saturday. All transactions that occur within this period will be processed and payment will be out within seven days following the close of the period.
The Accounting feature can generate billing periods every week, every two weeks, twice per month, once per month, or once per quarter. You can also specify the start date and end date of each billing period manually.
The number of days that credit card companies use to calculate the interest you owe on your credit card balance. This is typically 30 days, but there are some credit cards that have shorter billing periods.
A one-week period beginning on Sunday and ending on Saturday. All transactions that occur within this period will be processed and payment will be issued within seven days of the close of the billing period
The billing period is the time period for which a customer has been billed. The Billing Period stretches from the bill's start date to the bill's end date, and these dates typically reflect when the meter was read.
For provision of continuous activity some services require periodical advance payments. When money is taken off the service is prolonged for the time interval, specified for it in our Price-list. This time interval is called Billing period.
The minimum time interval during the subscription term for which the license fee is prepaid. The duration of the billing period depends on the payment schedule chosen by the subscriber: monthly, quarterly, semi-annually, or annually.
Also Known As: payment cycle; billing cycle; billing month; monthly bill Definition: The period in which our customers are billed for services. Customers will have 12 billing periods per annum unless agreed otherwise.
The time between meter readings. It does not refer to the time when the bill was sent or when the payment was to have been received. In some cases, the billing period is the same as the billing cycle that corresponds closely (within several days) to meter-reading dates. For fuel oil and LPG, the billing period is the number of days between fuel deliveries.
The period that your charges are applied to your charge card. This is also the period used to calculate your balances and monthly finance charge.
The number of days that a lender uses to calculate the interest you owe on a loan or credit card.
Billing period determines how far in advance recurrent fees for billing period resources are prepaid. One-month billing period comes with every new plan by default. You can create multiple billing periods of different length for your customers which allows more flexibility in pricing.