To what does the Spread Excess Even priority specifically apply?

The Spread Excess Even priority specifically applies to only unsettled invoice items, which means it focuses on those aspects of billing that have not yet been finalized or fully processed. In a billing context, unsettled items refer to invoices or transactions that are still pending resolution, either due to customer payment issues or other processing delays.

This priority level ensures that when excess payments are applied, they are distributed evenly among the unsettled items. This approach helps maintain fairness in the application of payments and can prevent any specific item from being unduly favored, thus promoting a balanced allocation of funds to the accounts still awaiting resolution.

In contrast, settled invoice items are already completed transactions, and any spread of excess payments does not affect them as they are finalized. Similarly, overdue payments would specifically target payments that are past their due date, rather than being spread across unsettled invoices. Therefore, focusing solely on unsettled invoice items ensures that those transactions still requiring attention are prioritized appropriately in the billing process.