Re-occurring billing (8.03)

In terms of recognising revenue, how do you need to this? For example are you always billing for a monthly period and advance? On the example below, 1/15/16-2/14/16, when do you raise the invoice?



From: "ckrusen1@... [vantage]" <vantage@yahoogroups.com>
To: vantage@yahoogroups.com
Sent: Thursday, 28 April 2016, 15:56
Subject: [Vantage] Re-occurring billing (8.03)

 
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  <div id="ygrps-yiv-1840711366yui_3_16_0_ym19_1_1461914353420_9340">We&#39;ve just started providing services that will be ongoing and be billed for specific time periods (1/15/16- 2/14/16, 2/15/16-3/14/16, etc...)</div><div id="ygrps-yiv-1840711366yui_3_16_0_ym19_1_1461914353420_9533"><br clear="none"><div id="ygrps-yiv-1840711366yui_3_16_0_ym19_1_1461914353420_9532"><span id="ygrps-yiv-1840711366yui_3_16_0_ym19_1_1461914353420_9531">We&#39;re currently entering a new order each month, and invoicing off of it.</span></div><div><span><br clear="none"></span></div><div><span>What&#39;s the &quot;best&quot; way to do this?</span></div><div><span><br clear="none"></span></div><div>We&#39;re on V8.03, and don&#39;t use &quot;services&quot;, we make a part number for each service (generic parts, not specific to the order. &nbsp;Like &quot;TECH01&quot;, &quot;TECH02&quot;, etc...)</div><div><br clear="none"></div><div>Calvin</div></div>

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We've just started providing services that will be ongoing and be billed for specific time periods (1/15/16- 2/14/16, 2/15/16-3/14/16, etc...)

We're currently entering a new order each month, and invoicing off of it.


What's the "best" way to do this?


We're on V8.03, and don't use "services", we make a part number for each service (generic parts, not specific to the order.  Like "TECH01", "TECH02", etc...)


Calvin