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Start billing on a specific date

Control when automatic billing begins by setting a specific start date- whether for future services or catch-up billing.

Written by Dani from Anchor
Updated over 4 months ago

If your agreement includes an automatically billed service that will only begin at a future date, or if you want to charge your client for a catch-up period upon agreement acceptance - you can achieve this by setting a specific billing start date.

When the start date is in the past

If the selected start date has already passed by the time the client accepts the proposal:

  • Anchor automatically calculates all prior billing periods based on the service’s billing frequency.

  • Invoices for all missed periods are issued immediately upon proposal acceptance and each invoice will include the correct issue date that corresponds to the period being billed.

  • If the client signs later than expected, any additional newly missed periods will also be invoiced at approval. This ensures the service is properly billed from the date you intended - even when acceptance is delayed.

When the start date is in the future

By selecting a future start date, you control exactly when billing begins.

Please note the following:

  • For services billed upfront, If the selected start date does not match the service’s billing day, the first invoice will be issued on the start date. You can choose to prorate the first payment or adjust the start date to align the billing day.

  • If the start date has passed by the time the proposal is accepted, prior periods will be invoiced at approval unless the agreement’s effective date is set to “on acceptance.” in this case, Anchor will not issue invoices for prior periods, even if the selected start date is in the past.

Editing the start date after the agreement is signed

Once the agreement is approved and active, the service’s billing start date cannot be changed. If you need to modify the billing timing, you can stop the existing service and add a new service with the correct configuration.

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