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Law 421 Week 1 Research Paper

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How Billing Current Week + 2- Fortnightly Frequency works?

This video will introduce how current week + 2- fortnightly frequency billing cycle works.
Regarding the billing cycle name, obviously, guardians will pay the current fee and the following 2 weeks fee after the current week in advance.
Now, let me tell you the details.
Assume you start on week 0, usually, the child care centre will submit the attendance for the week just gone, that is to say, the centre will submit week 0 attendance to Government CCMS. Then CCMS will calculate the CCB, CCR &JFA rebates for week 0 over the weekend. On Saturday on week 0, guardians will receive the 1st invoice for the payment, and the amount on the invoice is estimated gap fee (after CCB, CCR& JFA calculation) for the upcoming 3 weeks based on the week 0 attendance. …show more content…

On Monday, the payment gateway provider will deduct the amount on the invoice from guardians' bank account. Now, guardians have already paid the current week gap fee and the following 2 weeks gap fee. On every Tuesday or Wednesday, CCMS will remits last week CCB, CCR& JFA rebates into the centre's bank account. On Thursday, the payment gateway provider will pay the week1 to 3 gap fee which is charged on Monday to the centre's bank account. On Friday, the centre will submit the attendance to CCMS for the week (week 1) just gone again. Then, CCMS will calculate the week 1 rebates based on the submitted attendance during the weekend. Because guardians are on fortnightly frequency, they won’t receive any invoice on the weekend and they also don’t need to make any payment on next

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