This setting allows you to suppress billing statements when the fund or category was not held during the billing cycle.

For example, you might have had a fund that was bought and sold multiple times in specified accounts—but that is not held as of the billing date. In this case, a billing statement would be generated, but you could choose not to display a statement for that billing definition.

When you generate a PDF and have suppressed billing for funds that were not held, you will be notified that a statement was dropped. If you have not suppressed billing for these funds, the billing statement will show $0 as the total fee.

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

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