New Accounting Terms?

I am not an accountant, but this type of billing seems very prisonesque:

As long as you have canceled your numbers, you should be good to go. Please note that we bill in the rear though, so any services used this past month will be billed to you this coming month.

This is from an email that I received yesterday after cancelling service with a company that shall remain nameless. Ouch.

Jeremy Floyd

Jeremy Floyd is the President at FUNYL Commerce. Formerly, he was the CEO and President of Lirio, Bluegill Creative, a marketing and communications firm in Knoxville, Tennessee. In addition to managing the digital strategies, Floyd was an adjunct professor for the University of Tennessee Chattanooga MBA program teaching digital strategies and social media. Floyd blogs at and tweets under the name @jfloyd. Jeremy is licensed to practice law in the State of Tennessee and holds a law degree from the University of Tennessee College of Law and a Bachelor of Arts degree from MTSU in English and Philosophy.