End of month dating period
The recurring cycle also lets customers know when they can expect to be charged.
At the end of a billing cycle, the customer has a certain amount of time to remit payment.
Also, consider a situation where a consumer electronic goods wholesaler spots trouble with a retail chain customer.
The wholesaler may reduce the billing cycle from four weeks to three weeks for this riskier customer.
For example, Dutch formats month abbreviations without a trailing period, but only if it's formatting the month between dashes.
The locale Data = moment.locale Data() locale Data.months(Moment) locale Data.months() locale Data.months Short(Moment) locale Data.months Short() locale Data.months Parse(String) locale Data.weekdays(Moment) locale Data.weekdays() locale Data.weekdays Short(Moment) locale Data.weekdays Short() locale Data.weekdays Min(Moment) locale Data.weekdays Min() locale Data.weekdays Parse(String) locale Date Format(String) locale PM(String) locale Data.meridiem(Number, Number, Boolean) locale Data.calendar(String, Moment) locale Data.relative Time(Number, Boolean, String, Boolean) locale Future(Number, String) locale Data.ordinal(Number) locale Data.preparse(String) locale Data.postformat(String) locale Data.week(Moment) locale Data.invalid Date() locale Data.first Day Of Week() locale Data.first Day Of Year() As of version 2.13.0 moment optionally includes a pseudo locale.
The flexibility of the billing cycle can go the other way, too.
For example, suppose a large corporate customer needs to lengthen the cycle from 30 days to 45 days for software-as-a-service (Saa S).
They also enable internal departments, such as the accounts receivable unit, to monitor how much revenue has yet to be collected.We strongly recommend reading this if you plan to use moment with Also upgrade to 2.14.0 or above for best experience.For example, an apartment complex may send a bill for rent on the first of every month, regardless of when tenants had signed their individual leases.This style of billing cycle can make accounting easier, as well as make the payment due date easier for tenants to remember.