Add billing periods to invoices

A billing period defines the timeframe for which charges apply to an invoice. It helps indicate when a service was provided or a product was billed, ensuring accuracy in financial records.

Adding Billing Periods from Contracts

When invoices are generated through contracts, billing periods are managed directly within the contract setup. This ensures that recurring invoices automatically reflect the correct timeframes.

To add billing periods from Contracts:

1. Go to Accounts Receivable > Contracts.

   
2. Locate the contract you want to edit and click three dots (...) on the final row.

3. Select Edit Contract from the dropdown menu.

   
4. Go to the Invoicing tab.

5. Select the Edit icon.

   
6. Modify the start and end dates for the billing period as needed.

   

   Note:

   • If an invoice is generated from a contract, its billing period must be edited in the contract.

   • A one-day billing period will not be displayed on the invoice PDF.

7. Click the Confirm contract to save changes.

   

Adding Billing Periods to Standalone Invoices

For invoices that are not linked to a contract, billing periods can be added manually to define the revenue recognition timeframe.

To add billing periods to standalone invoices:

1. Select + Add Invoice or open an existing invoice.

2. In the invoice settings, locate the section to set revenue recognition dates.

3. Define the start and end dates for the billing period.

4. After setting the billing period, save the invoice to apply changes.

   

   

See Also

Explore more guides on managing invoices and billing:

• Create a New Invoice

• Create a New Product

• Add a New Customer to Rillet