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   To define a billing cycle:

1. In the Billing Cycles window, specify the billing cycle name, type, value, effective dates, and a description of the billing cycle.

2. Save your work.

See Also

Billing Cycle Extension

Components of an Invoice

Project Types Window Reference: Billing Information

Creating a Project Template

Billing Setup

Billing Cycles Window Reference

Type. Select the bill cycle type that you want to associate with the billing cycle. You can choose any predefined billing cycle type:

Bill Cycle Days	The cycle is defined by the number of days that elapse between each automatic invoice generation date for a project. The entry you make under Value is the number of days in the cycle.
Date of Month	Billing is done on the same day of each calendar month. You enter the bill date under Value.
Bill dates 29 through 31 are valid in some months only. For the months in which the date is invalid,	Oracle Projects uses the last day of the month.
Last Day of Month	The last day of each calendar month.

First Day of Month

The first day of each calendar month.

Last Weekday of Month	The last of a particular weekday in each calendar month. You enter the weekday under Value.
First Weekday of Month	The first of a particular weekday in each calendar month. You enter the weekday under Value.
Project Completion Date	Completion date of the project.

Weekday Each Week	On the same day of each week. You enter the weekday under Value.
User-Defined	This type is used to indicate that the logic to derive the billing date has been coded in a billing cycle extension. You must customize the billing cycle extension to calculate the billing cycle that you require.

Value. Enter the value that completes the information for the billing cycle type you entered. Following are the valid entries, depending on the billing cycle type:

Integer	For the Bill Cycle Days type, enter an integer greater than or equal to zero.
Range 1 through 31	For the Date of Month type, enter an integer in the range 1 through 31.
Monday through Sunday	For the Last Weekday of Month, First Weekday of Month, or Weekday Each Week type, select a weekday. Valid entries are Monday through Sunday.
User-Defined	For a user-defined billing cycle type, the Value can be anything meaningful for the client extension. Oracle Projects is seeded with three validated values (two date values and one day in the week value). You can specify two additional non-validated values.
	Weekdays are stored in the database as integers 1 to 7 for Monday to Sunday.

Effective Dates. Enter the Effective Dates during which the billing cycle is valid.

Description. Enter a description for the billing cycle.