The System allows the Company to invoice either for the current month, advance billing and/or early invoicing. The System will decide if an Invoice is required based upon the Subscriber's new balance. The System invoices any subscriber who has a debit balance after adding the current month's rental charges.
The System supports multiple cycle billing, as many as 31 cycles. All subs can be automatically placed in any applicable billing option; it uses either the first of the month, or the day of the month that the subscriber first came on to the System.
The System supports invoicing on a monthly, bimonthly, quarterly, semi-annual, or annual basis, as desired by the Subscriber.