Chapter 10
Using Flat Fee Billing Arrangements
In This Chapter
Understanding the relationship between slips and flat fee arrangements
Setting up a flat fee arrangement
Exploring various types of flat fees
Overriding flat fees with slip charges
The most typical billing arrangement is the slip-based arrangement, which displays the slips you record in Timeslips on your client’s bill. Effectively, when you use the slip-based billing arrangement, you bill for the time you spend. Chapter 9 discusses the slip-based arrangement and the ways in which you can change the billed values of slips that appear on the bill.
Sage Timeslips is a powerful software package and doesn’t limit you to billing clients based on slips. You can bill some clients based on slips and other clients by using a variety of flat fee and percent complete billing arrangements, as described in this chapter.
Slips and Flat Fee Arrangements
Before we dive into exploring various flat fee arrangements, it’s important to understand that entering slips and using a flat fee billing arrangement are not mutually exclusive activities. ...
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