Target date is one of the most difficult terms in Younium to understand. The action that it's used for, is to create an invoice is not that difficult but if you understand the target date will give you additional flexibility.
Target date is used when invoicing orders. When creating an invoice on a specific order you are prompted to set a target date. That date will then decide what periods to be included on the invoice.
The purpose of Target date - Target date was created to give invoicing via Younium higher flexibility. It enables you as a customer to invoice not only the current period but also historical and future periods.
To give a bit of context we have created this table with a couple of scenarios where the target date affects what periods that will be invoiced.
| Order start date | Charge start date | Price period | Billing timing | Billing period | Period alignment | Target date | What periods will be included on the invoice |
|---|---|---|---|---|---|---|---|
| 1/1 | 1/1 | annual | In advance | Annual | Align to order | Bewtween: 1/1 - 31/12 | A full period will be included on the invoice |
| 1/1 | 1/1 | Monthly | In advance | Monthly | Align to order | Between 1/1 and 31/1 | One month will be included on the invoice. |
| 1/1 | 1/1 | Monthly | In advance | Monthly | Align to order | Specific target date 31/3 | The first three months of the order will be included on the invoice |