Alignment - Quarterly Billing Frequency: Example
This example provides information on aligning a billing schedule with a quarterly billing frequency.
The billing periods are as follows:
| Period | Dates | Amount |
| 1 | February 01, 2010 - April 30, 2010 | 1000.00 |
| 2 | May 01,2010 - July 31,2010 | 1000.00 |
| 3 | August 01, 2012 - October 31,2010 | 1000.00 |
The alignment date is March 15, 2010.
After the alignment is processed, the billing periods are changed to:
| Period | Dates | Amount |
| 1 | February 01, 2010 - May 15, 2010 | 1168.54 |
| 2 | May 16,2010 - August 15, 2010 | 1000.00 |
| 3 | August 16, 2012 - November 15, 2010 | 1000.00 |
The unit price for the first period is pro-rated.
For one-time billing frequency, after alignment occurs, nothing is changed.
