To ensure that your companys revenue is being amortized correctly, your billing cycle is reviewed and categorized in regards to the time covered (monthly, quarterly, annually, etc). For billing cycles greater than a month (one period), MSPCFO needs to spread the invoice over the billing cycle months.

If your company bills bi-monthly, our system treats it as if it were monthly. Non Recurring is also treated as monthly. Examples: if you bill quarterly, there are 3 periods; if you bill semi-annually, there are 6 periods; if you bill annually/yearly, there are 12 periods.

To update the table, click on the Edit Billing Cycles button.

Edit  the periods to reflect the number of monthly billing cycles for each. Any cycle that is non-recurring bi-monthly, monthly can stay as 1 period. When finished, click "Save Billing Cycles".