Billecta - Periodization
There are a couple of ways you can handle periodization when dealing with invoice purchases. This document describes the ones available in the Payway - Billecta integration.
Periodization options
| Name |
Description |
| 12 month periodization |
Default option and will fit most cases |
| 13 month periodization with broken revenue period |
Use this option if your bookkeeping is better suited for this option |
| 13 month periodization without broken revenue period |
Use this option if your bookkeeping is better suited for this option |
Broken revenue period
Broken revenue period is a setting toggled in Billecta. This enables daily periodization instead of monthly(standard).
Examples
Case: Customer buys a 12 month subscription on the 28.03.2023.
| 12 month periodization |
Start |
End |
| Subscription period |
28.03.2023 |
28.03.2024 |
| Invoice period |
01.03.2023 |
31.02.2024 |
| 13 month periodization with broken revenue period |
Start |
End |
| Subscription period |
28.03.2023 |
28.03.2024 |
| Invoice period |
28.03.2023 |
28.03.2024 |
| 13 month periodization without broken revenue period |
Start |
End |
| Subscription period |
28.03.2023 |
28.03.2024 |
| Invoice period |
28.03.2023 |
28.03.2024 |