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: Scheduled execution day, 2:00 AM CET
- Annually: Scheduled execution day, 2:00 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
Updated about 10 hours ago