About monthly invoicing

The information in this article, including some terminology, may not be accurate for you as your account is part of testing for the new billing and payments experience. Credit lines are a payment setting where you pay us based on monthly invoices. The amounts shown are not credit or financing. Learn more about the new billing and payments experience.

Monthly invoicing is a payment setting that's available to eligible businesses. You can request a credit line to use as a payment method for your ad accounts and will be billed based on monthly invoices. Your credit line will have a credit limit for your ad costs. The credit limit is the maximum all of your ad accounts can spend on ads if they use a credit line. You accrue ad costs and receive an invoice each month. You'll have 30 days to pay the monthly invoice from the day when it's issued.

Credit lines help reduce the number of transactions that you make every month by consolidating your ad account charges for the month in one bill. With credit lines, you can:

• Receive an invoice for your ad account each month and have 30 days to pay the invoice from the day when it's issued. You can keep track of your spending.
• Set up auto-payment to pay your invoices with the linked bank account automatically using direct debit (only available in the US and SEPA regions). Once you've turned on Direct debit auto-payment, it will make payments automatically from the linked bank account on your invoice due date. Otherwise, you can pay your monthly invoices by making a payment through bank transfer or cheque (only available in the US) to the Facebook bank account listed on each invoice or, for customers in Brazil, use the only accepted payment method, Boleto, to pay your invoice.
• Share access to credit lines with your partner businesses so that they can set it as their default payment method for ads. This is a helpful option if you work with an agency or a partner who manages your ads.
  Note: You remain liable and will be responsible to pay Facebook for all advertising spend made by the receiving business with respect to the payments setting access in accordance with the Facebook payment terms.

For example, assume that you spent USD 100,000 on your ad account last month and your account has a USD 1,000 payment threshold. You'd be charged 100 times that month as your account reaches its payment threshold. With a credit line, you'll only get 1 invoice and you'll have 30 days to pay the invoice by its due date.