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How does billing cycle close date works in case of frequency set as Monthly? — Cloud Customer Connect
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How does billing cycle close date works in case of frequency set as Monthly?

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edited Aug 22, 2023 4:28PM in Inventory Management 3 comments

Summary: Wanted to understand the functionality of billing cycle close date on Consignment Agreement where frequency is set as Monthly.


Content (required): Suppose agreement has Billing Cycle Close Date as 31-Aug-2023. Transfer to Owned Inventory transaction is done on 27-Aug-2023 and Consumption advice will be generated on 1-Sep-2023. So wanted to check what will be next Billing Cycle Close Date at Consignment Terms in the Agreement. How reset of Billing Cycle Close Date will happen in the agreement?


Version (include the version you are using, if applicable):


Code Snippet (add any code snippets that support your topic, if applicable):

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