About Rental Billing Timelines
  • 04 Jun 2024
  • 1 Minute to read
  • Contributors
  • Dark
    Light

About Rental Billing Timelines

  • Dark
    Light

Article summary

The images below show the timelines for deliveries, returns and invoice dates for each billing method that Quantify provides. They show how each method works. For complete descriptions and definitions of these methods, refer to Working with Billing Methods.

Arrears Timeline

The timeline below shows deliveries and returns, as well as the invoice dates for billing in arrears, with a cycle of 28 days.

First Advance, then Arrears (FATA) Timeline (invoicing at beginning of minimums)

The timeline below shows deliveries and returns, as well as the invoice dates for billing first advance, then arrears with a 28 day minimum and a cycle of 28 days. Quantify generates invoices for minimums at the beginning of the minimum rental period.


First Advance, then Arrears (FATA) Timeline (invoicing at end of first of minimum)

The timeline below shows deliveries and returns, as well as the invoice dates for billing first advance, then arrears with a 28 day minimum and a cycle of 28 days. Quantify generates invoices for minimums at the end of the minimum rental period for the first delivery.


Advance with Credits Timeline

The timeline below shows deliveries and returns, as well as the invoice dates for advance with credits, invoicing on a 28 day cycle.

Advance with Credits and Cycle Timeline

 The timeline below shows deliveries and returns, as well as the invoice dates for advance with credits, invoicing on a common 28 day cycle with a cycle start date of 5/2.



Was this article helpful?