Monthly cycle closing calendar management strategy

To create a monthy cycle closing calendar management strategy, run the Create program calendar strategy endpoint with the strategy field set to MONTHLY_CYCLE_CLOSING, and specify values for the following body parameters.

  • Cycle closing date, either as a fixed day of the month or as the nth weekday of each month. For example, you could specify that the cycle closing date should be the tenth day of the month (cycle_closing_day = 10) or the second Monday of the month (day_of_week = MONDAY and week_of_month = 2).
  • Number of months that a cycle spans. Set this using the every_x_months field. The default value is 1, which creates a one-month cycle. However, you can set every_x_months to any integer between 1 and 12. For example, set every_x_months to 12 to create a cycle that spans one year.
  • Number of days between the cycle closing date and the due date. Set this using the days_between_cycle_closing_and_due_date field.

After creating the management strategy, use the Update account calendar strategy endpoint to assign it to an account.



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