Calendar management strategies

The term calendar is used for the standard set of dates and time periods associated with a credit cycle. These include the due date, real due date, and cycle closing date. For more information, refer to Credit cycle dates and time periods.

Their are two types of calendar management strategies available for use with your programs and accounts.

• Fixed due date—This is the default calendar management strategy. The due date is fixed, and the Pismo platform uses it to calculate the cycle closing date. The Fixed due date calendar management strategy guide explains how to create due date objects for a program and assign them to accounts.
• Program calendar strategy—This is an alternative type of calendar strategy that doesn't use a program due date object. The following program calendar strategy is available.
  • Fixed cycle closing—Cycle closing date is fixed, and the Pismo platform uses it to calculate the due date.