Skip to main content
All CollectionsBilling Module
Billing - Contract Expiry

Billing - Contract Expiry

How does contract expiry / ongoing status work?

Phil Mulligan avatar
Written by Phil Mulligan
Updated over 4 years ago
  • Contracts that are created without an expiry date should switch to ongoing immediately after being activated

  • Contracts will transition to ongoing when their latest open billing period exceeds the expiry date minus the default termination period

  • Any contracts that get left behind by the above 2 points (should be all of them) or where previously incorrectly set to Active will transition to ongoing when the 'generate pending billings' background task runs.

To prevent transitioning to ongoing, Contracts should have a termination scheduled before expiry date is within the default termination period from now.
​

Did this answer your question?