Your quarterly contracts are set up to recur invoice generation every three months, and each one covers a three-month period. The first quarter kicks off from the very beginning of the contract's start date.

Go to contract of a quarterly term and then click on three dot option. Next, choose Contract Invoice(s)

This popup lists all the terms starting from the contract's start date till future three terms.

The system is configured to generate invoices automatically each quarter, a designated number of days before the start of your billing term as specified in the Invoice creation field of your Contract. You can also generate invoices on your own whenever you want using the popup window above. Click here to learn more about Contracts.

If you'd like your invoices to show the Invoicing period with the product description, follow these simple steps

1. Click on the pen icon present with your product

2. Turn on Show Invoicing Period toggle to enable terms option

Below are some Term options related to quarterly contracts. Consider below dates for a quarterly contract, for instance

Start Date of a Product: May 1st, 2023

Current Quarter: Aug 1st, 2023

The Term indicates the current billing quarter that is in effect at the time of invoice generation.

The Term(+1) indicates the subsequent billing quarter that will be in effect at the time of invoice generation.

The Term(-1) denotes the preceding billing quarter that was in effect at the time of invoice generation.