This setting allows you to set the billing cycle for the billing group.

Unlike most portfolio accounting systems that use exact dates that must be changed each time you generate a billing statement, Tamarac Reporting billing definitions use the billing cycle and as-of date to determine the billing dates. This ensures that you won't need to update your billing definitions each time you need to generate a billing statement.

For more information on billing groups, see Understanding Billing Groups.

For more information on billing definitions, see Understanding Billing Definitions.