Generate Charges for Partial Periods
This feature permits a user to generate charges for incomplete periods. For example, a user wants to charge a customer $1000 a month on the 1st of each month. But a one month contract was signed on the 15th which means that the customer needs to be charged $500 for the current month and $500 for the next month.
This feature is used to create fractional charges for incomplete periods.

This feature works for:
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Project > Financials > Billing Rules (fixed fee on date or milestone)
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Project > Financials > Revenue Recognition Rules (fixed amount on date or milestone rule)
Important:
This feature is not designed to work with the repeat for X number of instances option.
To enable this feature, contact SuiteProjects Pro Support.