Billing Cycles are used to group product and billing items, bill codes, and transaction generation by date range similar to Billing Years in version 6. Using Billing Cycles prevents date range issues and reduces data entry time by copying Billing Cycles and items from one year to the next.  

If you converted from Student Billing 6 before version 7.75, you can convert your Billing Years to Billing Cycles


If you do not want to convert your Billing Years or did not use version 6, you can manually add the Billing Cycles (BB432596).