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=MONDAYandweek_of_month= 2). - Number of months that a cycle spans. Set this using the
every_x_monthsfield. The default value is 1, which creates a one-month cycle. However, you can setevery_x_monthsto any integer between 1 and 12. For example, setevery_x_monthsto 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_datefield.
After creating the management strategy, use the Update account calendar strategy endpoint to assign it to an account.
Updated 3 days ago
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