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Re: What would the Invoice Period be in February?

Zuora-Community
Community Manager

What would the Invoice Period be in February?

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Accepted Solutions
Zuora-Community
Community Manager

Re: What would the Invoice Period be in February?

Question or Problem Statement:
If the BCD(Bill Cycle Day) set to the 30th day of the month, when should I expect during February the Billing?
Is it going to be the 28th or the 29th in a Leap year?

Solution:
When setting the BCD as 30th of the month, the invoice period will be like from 12/30/2014 to 1/29/2015, which the date is BCD-1, and then the next BCD will be 1/30/2015 to 2/27/2015. In February only have 28 or 29 days a month, so it always count as <the last day of the month>-1.

Supporting References:
https://knowledgecenter.zuora.com/CB_Billing/WA_Dates_in_Zuora/C_Customer_Account_Dates%3A_Bill_Cycl...



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2 REPLIES 2
Zuora-Community
Community Manager

Re: What would the Invoice Period be in February?

Question or Problem Statement:
If the BCD(Bill Cycle Day) set to the 30th day of the month, when should I expect during February the Billing?
Is it going to be the 28th or the 29th in a Leap year?

Solution:
When setting the BCD as 30th of the month, the invoice period will be like from 12/30/2014 to 1/29/2015, which the date is BCD-1, and then the next BCD will be 1/30/2015 to 2/27/2015. In February only have 28 or 29 days a month, so it always count as <the last day of the month>-1.

Supporting References:
https://knowledgecenter.zuora.com/CB_Billing/WA_Dates_in_Zuora/C_Customer_Account_Dates%3A_Bill_Cycl...



Subscribe to Zuora System Updates at Zuora Trust
Follow Zuora Global Support on Twitter and LinkedIn

View solution in original post

nitinjain
Tutor

Re: What would the Invoice Period be in February?

Based on the above thread, and discussion, a basic algorithm that we have is:

If the ced date of a subscription is x, and if the current month does not contain x days, the last day of the current month will be considered as the start of the next new bill cycle start date.

Say 31st January 2021 is ced date, so bill cycle will be 31st to 27 (last date of Feb minus 1 day), and following/next bill cycle will be 28th Feb (last day of Feb) to 31st March.

 

Can someone from zuora community,

 

Also if the following chart can be validated by the community, it would be great:

CED of Subscription (YYYY-MM-DD)Today's date (YYYY-MM-DD) NextBillCycle StartDate(YYYY-MM-DD)CurreneBillcycle StartDate(YYYY-MM-DD)
2020-01-31 [Leap Year]2020-02-292020-03-312020-02-29
2020-02-292021-02-13 (Next year)2021-02-282021-01-29
2020-02-292021-02-282021-03-292021-02-28
2020-02-292024-02-132024-02-292024-01-29
2020-02-292024-02-292024-03-292024-02-29
2021-01-312021-02-152021-02-282021-01-31
2020-03-312020-06-302020-07-312020-06-30
2021-01-292021-01-312021-02-282021-01-29
2020-04-152020-04-152020-05-152020-04-15

 

 

cc: