For employers with spending accounts, League charges a float amount that is shown on your invoice as "Prepayments". These funds enable us to issue reimbursements to your employees as quickly as possible following a claim's approval. Prepayments are roughly equivalent to 2 months of each employee's total allocation for the current policy period.
Prepayments are billed forward, which means that the invoice charge covers the future cost of the prepayment for the current billing month.
Example: If your invoice is generated April 2nd, with a Billing Period of March 1 - March 31, it will contain prepayments billed forward that would cover the April 1 - April 30 billing period.
You can expect prepayments to appear starting from your Activation Invoice.