Use this screen to set up all the valid billing cycles.

You must set up this screen only if you selected the Use Billing Cycles check box on the Configure Billing Settings screen. You can use billing cycles to save time by calculating billings only for the cycle in which you are working. Bills can be calculated, printed, and posted by billing cycle. Billing cycles are most helpful when you are working with projects that must be billed at various times during the month.

If you are using billing cycles, set up this screen before setting up the Manage Project Billing Information screen. Only billing cycles that have been previously set up in this screen are available for selection on the Manage Project Billing Information screen.