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Procore (en-GB)

How do I create a billing period for a payment application?

Background

Examples

Common billing periods include:

  • Monthly
    Examples of common monthly billing periods are below:
    • Starts on the 1st day of a month and ends on the 30th of the same month.
    • Starts on the 15th of one month and ends on the 14th of the following month. 
  • Weekly 
    Examples of common weekly billing periods are below:
    • Starts on Sunday of this week and ends on Saturday of this week.

Answer

You have two options to create a billing period in Procore project's Invoicing tool:

  • Automatic Billing Periods. Choose this option when your billing periods have a consistent start, end, and due date. For example, weekly or monthly. See Create Automatic Billing Periods.
  • Manual Billing Periods. Choose this option when you need to create billing periods for your invoices and your billing periods are not on a consistent schedule. See Create Manual Billing Periods.
 Note
If your Procore user account has been granted 'Admin' level permissions to the project's Commitments tool, you have sufficient permission to create automatic or manual billing periods with the project's Invoicing tool. 

See Also

If you would like to learn more about Procore’s invoice management software and how it can help your business, please visit our construction invoice management software product page here.