Billing cycle
The recurring period covered by a fuel card statement or invoice.
Why It Matters
The billing cycle determines when card charges are tallied and payment is due. It affects cash-flow planning and when the account balance resets.
What to Check
- Confirm the cycle length, payment due date and late payment fee timing.
- Check whether the cycle aligns with freight payment or settlement schedules.
- Download transaction reports at cycle end to keep IFTA and cost records current.