The option to issue on a specific day of the month for recurring invoices

Creating an invoice issuing cycle allows you to configure its detailed settings such as intervals between issuing subsequent invoices or the times at which they are issued by the system. There is also an option to choose on which specific day of the month the invoice should be issued. In this article, you will learn where to activate the option to issue invoices on a specific day of the month within the settings of the created/edited cycle.

 

4. The system will display an additional field Day of the month, where you will be able to choose a specific day of the month from the list,
5. specify the remaining settings and confirm the creation of the cycle by clicking Save.
 

What happens if the Issue on a specific day of the month option is set to 31st, but the month is shorter?
The system calculates whether the last day of the month is earlier than the selected date, and then chooses the appropriate date. For example, if the 31st of the month is selected and the invoice is issued in February, the 28th of the month will be chosen.

If, in addition to the Issue on a specific day of the month option, you use the Issue only on working days only option, the setting from the Issue on a specific day of the month field is considered first.
For the setting of the 31st day of the month and an invoice issued in February, the 28th of the month will be chosen. Additionally, the system checks whether the chosen day (in the example, the 28th) is a business day. If it is, the invoice is issued. If not (for a monthly cycle), the system goes back by one day and checks whether that day is a business day. If it still isn't, the system goes back by another day, and so on, until the selected day is a business day.

For cycles other than monthly, the system moves to the next day instead of the previous one.

Also, check:

• How to create a recurring invoice cycle?
• Issuing recurring invoices only on business days
• How to test recurring invoices generation?
• How to disable issuing recurring invoices?
• Recurring invoice based on an invoice
• Issuing subsequent recurring invoices at intervals
• Issued times for recurring invoices