Balance forward billing cycles determine:

• The date at which Receivable generates balance forward bills.

• The transactions that are included in balance forward bills.

A balance forward billing cycle is passed to the balance forward billing program as an attribute of the payment term. A payment term that has a balance forward billing cycle associated with it is called a balance forward billing payment term. See:

• Payment Terms

• Balance Forward Billing

• Setting Up Balance Forward Billing

Define balance forward billing cycles in Oracle Receivables, or externally in feeder systems. External cycles maintained in feeder systems trigger the bill generation program according to their own schedules, and are assigned the seeded External cycle.

To define a balance forward billing cycle in Oracle Receivables:

1. Navigate to the Balance Forward Billing Cycles window.

2. Enter the name, description, start date, and frequency of the balance forward billing cycle.

3. Enter the frequency of the balance forward billing cycle: daily, weekly, or monthly.

   To define daily cycles:

   1. Enter the number of days the billing should repeat.

   2. (Optional) Select Exclude Saturdays and Sundays.

   To define weekly cycles:

   1. Enter the number of weeks the billing should repeat.

   2. Select the day of the week the billing should occur.

   To define monthly cycles:

   1. Enter the number of months the billing should repeat.

   2. Select the day of the month the billing should occur.

      Billing can occur on more than one day. For cycles with a billing day between 29 and 31, Receivables considers the last day of the month as the billing day for months with fewer days.

   3. Select either All Days or Exclude Saturdays and Sundays.