Billing Overview in Business Engine

Invoice Management
- Invoices are generated in Business Engine.
- Invoicing is automatically cancelled when an order is terminated.
- First invoices include prorated costs and any applicable start fees.
Payment Methods
- Supported: Credit Card, ACH (US), and SEPA (EU).
- Customers can choose automatic or manual payments via MyPages.
Billing Cycles
- Two available options:
  - Monthly: Invoices are generated on the 1st of each month.
  - Anniversary: Billing date is based on service activation and remains fixed.
Customer Interaction
- Customers view and download bills, register/update payment methods and make payments via the Customer Portal (MyPages).
- Possible to enter payment methods, on behalf of customers, in the Administration Portal.

Statuses:
- Draft, Open, Paid, Late, Void, Uncollectible.
Refunds are automatically processed for unused periods upon termination (Monthly cycle only).

Filtering:
- Admins can filter invoices and customers based on payment status or method availability.
Promotions:
- Automatically reflected in invoice amounts with labeled periods.
Late Fees:
- Configurable fixed or percentage-based late fees applied after a grace period.

COS Systems Business Engine integrates with Stripe to handle billing and payments, providing a seamless and automated experience for both operators and end customers.