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Scheduling Billing Queue Recalculation

You can schedule when queued billings are processed with the Apex class BillingGenerateQueue:

From Setup, click Develop | Apex Classes | Schedule Apex.
Enter a job name, such as Nightly Billing Queue Processing.
Specify the Apex Class name: BillingGenerateQueue.
Specify the Frequency: Weekly.
Select each day that you want the job to run.
Specify a Start Date of today, and an End Date in the future.
Specify a Preferred Start Time. We recommend that you set this to a time outside of business hours.
Click Save.

To check whether a job is scheduled and whether it has run, from Setup click Administration Setup | Monitoring | Scheduled Jobs.