When setting up an invoice template for yearly recurring billing, the template has glitch that doesn't intuitively allow us to rebill the customer on same date they originally billed for 1 year later.

So for example, the customer bills February 5th, 2023... the invoice if billed yearly should allow us to set up for them to be re-billed on Feb 5th every year they continue to stay and don't cancel.

Currently this is not working right..... unless i am not doing it correctly... Please advise.

Notice in the screen shot i took, it only allows for choice of what day and month... but this is a set and forget it template.... correct?