Calendar managment strategies

The term calendar is used for the set of dates that determine the billing period for a credit cycle. These dates include the due date and cycle closing date. For more information, refer to Managing due date, cycle closing date, and additional grace periods.

The following calendar management strategies are available for use with your programs and accounts.

• Fixed due date: Due date is fixed, and the Pismo platform uses it to calculate the cycle closing date. The Fixed due date calendars guide explains how to create due date objects for a program and assign them to accounts.
• Fixed cycle closing date: Cycle closing date is fixed, and the Pismo platform uses it to calculate the due date.