I have two monthly Scheduled recurring Invoices.  One is billed on the 25th day of the month but is set to Create 5 days in advance.  The Start Date was 7/25/2018.  Automatically send emails is checked.  

The Invoice was not created.  Maybe there is more for the dev team to fix?

Payment is automatically charged to a card on file via a recurring scheduled Sales Receipt.  That part worked.

The other Recurring Invoice was created successfully.