How long is the grace period?

How long is the grace period?

If you encounter difficulties with a payment, there is a two-week grace period after the due date during which you can settle your ApprovalMax invoice without any negative impact on your subscription.
Account owner and Billing contact get notified about the start of a grace period.
However, if no payment is received by the end of this grace period, your subscription will expire. This will result in all Organisations under the expired subscription being retired and available in read-only mode.
When the subscription is about to be expired, additionally Admins of the Organisations under this subscription get notified.
Please note: if billing is done through 2CheckOut, you will need to buy a new subscription once yours has expired.


    • Related Articles

    • What are the requirements for using the Batch Payment approval process?

      The Xero subscription is active and has not expired The ApprovalMax Organisation is on one of the supported subscription plans: ApprovalMax Trial Organisation connected to Xero (during 14-day free trial period) ApprovalMax Standard plan + Advanced ...
    • Up to which point can an Airwallex Batch Payment request be cancelled?

      An Airwallex Batch Payment request that has been approved and is waiting to be sent for payment in Airwallex can be cancelled: However, once the payment status changes to Processing (which means that the payment has been sent but has not yet been ...
    • What is Batch Payment approval?

      Instead of paying Bills one by one, you can prepare a Bulk Payment for Bills whose due dates are within a close range. Such payments are for large amounts and, therefore, might be subject to additional approval. Batch Payment requests are created as ...
    • Xero Batch Payments: partial payment

      ApprovalMax supports partial payments for Xero Batch Payment requests. Here is how it works: Click on the button in the right-hand corner. In your Organisation, select Batch Payment and click on CREATE A REQUEST: You can now add Bills to a Batch ...
    • Why is a Bill that's part of an approved Batch Payment still Awaiting Payment?

      This could be a case of partial payment. The Amount Due, i.e. the amount left to pay (calculated as Bill’s amount due minus Bill’s payment amount on approval minus Bill’s payment amount in processing minus Bill’s payment amount awaiting payment), ...