Upgrade to Microsoft Edge to take advantage of the latest features, security updates, and technical support. A new commerce billing cycle , or billing period , is one full calendar month. Your invoice cost depends on two factors: the billing term and the billing plan. You receive invoices and reconciliation data the following month, typically between the 6th and 8th.
For example, for a billing period from January 1 to 31, expect your invoice and reconciliation data between February 6 and 8. A new commerce charge cycle is the number of days you pay for a subscription. It isn't the same as a billing period or a calendar month. Your charge cycle is typically 30 or 31 days, but 28 or 29 for February for monthly billed subscriptions. It starts from your initial purchase date or when renewal or recurring charges begin.
For annual subscriptions, the cycle charge is days in leap years. For instance, if you bought an annual Microsoft Office subscription on February 21, , with a monthly billing plan , your first charge cycle would run from February 21 to March 20, The charge cycle ends one day before the same date of the next month, year, or billing term, depending on your billing plan or frequency. In this case, the first charge cycle is 28 days because February has 28 days except in leap years.
The second charge cycle is 31 days because March has 31 days, from March 21 to April The third charge cycle is 30 days because April has 30 days, from April 21 to May The recurring charge cycle always starts on the same day you bought or renewed your subscription. Understanding your charge cycle helps you manage your subscription payments effectively. This consistency ensures that you're aware of your billing dates, making financial planning simpler and more predictable.
To end a subscription with another subscription or a calendar month, see align subscription end dates. For more information, see CSP one-time purchase reconciliation file fields. Effective billing reconciliation ensures accurate financial records and smooth management of your business subscriptions. By focusing on these steps, you can improve your financial management and enhance your business operations.
