Fee execution times & methods

Fee execution times

• Daily: at 6:30 am CET - executes pending fees and daily frequency
• Weekly: Monday morning, 4:30 am CET
• Monthly: 1st of the month, 0:30 am CET
• Annually: 1st day of the year, 0:30 am CET
• Monthly: day of event method, 0:30 am CET
• Annually: day of event method, 0:30 am CET

Fee execution methods

These methods are applicable for Client and User recurring fees.

1. Start of the Period / First day of the Period

Executed on the first day of the selected billing cycle.

Examples:

• Yearly Fee → January 1st each year
• Monthly Fee → 1st of each month

2. Event Day

• Fee is created on the day of a triggering event
• Executed on the following day (+1)

Example:

• Client onboarded on March 5 → Fee created that day, executed on March 6

Recurring behavior:

• Monthly → Fee repeats every month from the execution date
• Yearly → Fee repeats every year from the execution date