Statement cycle

The period covered by a card invoice or billing statement.

Why It Matters

The statement cycle sets the period covered by each billing document. It affects when purchases must be paid and when new credit or balance becomes available.

What to Check

• Confirm the number of days in each cycle and the payment due date.
• Check whether the cycle length affects when credit or prepaid balance refreshes.
• Align fuel reports and driver expense records to the same period where possible.