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Why would I use this setup?
Before the release of the Invoice before Autopayment feature, this was the most hands-off approach that could be taken to billing and autopayment.
We would not recommend this setup for new customer, but existing customer may want to leave things as they are rather than review or implant changes to current setup.
This setup also leaves invoice generation and autopayment linked. Decoupling these setting mitigates risk associated with autopayment processing.
Use Automated Billing - On 
; Invoice before Autopayment - On
When will scheduled billing items generate invoices?
Invoices without payment associated payment profiles be generated based on the “Lead Time Days” setting. The invoices will show up that many days prior to the Next Bill Date of the scheduled billing item which becomes the Invoice Date for the created invoices
When will scheduled billing items with a payment profile be paid?
Any invoices that have a payment profile associated will be created and the payment profile charged the day of Next Bill Date of the scheduled billing item which becomes the Invoice Date.
Why would I use this setup?
Use Automated Billing - Off ❌ ; Invoice before Autopayment - On
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