Invoicing and Financial

Invoicing and Financial

Whether you are time based billing or fixed prices, this course takes you through everything you need to know.

About this course

This series of video tutorials explains how invoices can be created for actual time and costs or for fixed prices.

You'll learn about:

  • using a quote as the basis for fixed priced billing
  • how using quotes can help you monitor and control work on jobs
  • creating final invoices at the end of a job
  • the purpose and use of staff billable and task billable rates
  • creating progress invoices to bill for a deposit as a percentage of the quoted value of a job or for a set amount.

And you'll learn how to:

  • set up quotes and jobs so they are ready to invoice
  • adjust a quote to cover changes to the scope of the work
  • reduce the amount being billed to a client by adjusting the billed hours
  • set up multiple rates for staff and task billing.

Course contents

  • What you will get from this course
  • In this course
  • Working through the course
  • Fixed price billing
  • How fixed price billing works - from quote through to job
  • Fixed price billing - how to invoice
  • Creating the final invoice for fixed price billing
  • Making changes to a job after the quote is accepted
  • Time based billing
  • How time based billing works from quote to job
  • Creating deposit and progress invoices for time based billing
  • Final invoice for time based billing
  • Reducing amount of time to invoice
  • Different ways of managing rates
  • Having multiple task rates
  • Having multiple billing rates for staff
  • Where do the rates come from?
  • Updating base and billable rates
  • What next?

About this course

This series of video tutorials explains how invoices can be created for actual time and costs or for fixed prices.

You'll learn about:

  • using a quote as the basis for fixed priced billing
  • how using quotes can help you monitor and control work on jobs
  • creating final invoices at the end of a job
  • the purpose and use of staff billable and task billable rates
  • creating progress invoices to bill for a deposit as a percentage of the quoted value of a job or for a set amount.

And you'll learn how to:

  • set up quotes and jobs so they are ready to invoice
  • adjust a quote to cover changes to the scope of the work
  • reduce the amount being billed to a client by adjusting the billed hours
  • set up multiple rates for staff and task billing.

Course contents

  • What you will get from this course
  • In this course
  • Working through the course
  • Fixed price billing
  • How fixed price billing works - from quote through to job
  • Fixed price billing - how to invoice
  • Creating the final invoice for fixed price billing
  • Making changes to a job after the quote is accepted
  • Time based billing
  • How time based billing works from quote to job
  • Creating deposit and progress invoices for time based billing
  • Final invoice for time based billing
  • Reducing amount of time to invoice
  • Different ways of managing rates
  • Having multiple task rates
  • Having multiple billing rates for staff
  • Where do the rates come from?
  • Updating base and billable rates
  • What next?