Overriding Account Billing and Lock Dates

Overriding Account Billing and Lock Dates

Under Billing Settings, a firm can control whether new accounts automatically start to be billed on Account Open Date, Initial Funding Date, or First Purchase Date.

If needed, it is possible to override an account’s billing start date, as well as to assign an end date for billing.

For firms billing in Arrears using Ending Market Value, a billing period interrupted by a sizable flow can be broken into two smaller, separately-billed periods to ensure fairer billing. This can be done by adding a Lock Point date as of the day of the flow.

  1. Navigate to Run Business > Billing.
  2. Click Account Date Settings from the top controls.
  3. Search for and select the Account to override dates for.
  4. Enter a Start Date Override, End Date Override, and/or Lock Points as needed.
  5. Click Save.

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