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