What is it called when bills are sent once a month and are timed to reach the patient no later than the last day of the month?

Question

Quizplus · Accepted Answer

A monthly billing cycle refers to the process where bills are generated and sent out once a month, aiming to reach the recipient by the last day of that month. This ensures a consistent and predictable billing schedule for both the sender and the recipient.

What Is It Called When Bills Are Sent Once a Month