A billing fee agreement allows you to apply pre-determined terms to a client's bills. For example, you might arrange to bill a client for the same amount every month instead of one large bill during tax season.
Billing fee agreements can be automated. If the invoice is automatically generated, you can skip to step 6 below. See Managing Client Billing Fee Agreements for more information.
To use billing fee agreements, do the following:
- Set up the billing fee agreement types for your firm in Firm > Lists > Practice Lists > Billing Fee Agreements. This step should be completed by an administrator. See Setting Up a Billing Fee Agreement for more information.
- Do one of the following to apply a billing fee agreement to a client or project:
- Set up a billing fee agreement for a client on the client profile on the Practice > Billing Fee Agreements window. See Managing Client Billing Fee Agreements for more information.
- Assign a billing fee agreement to a project in CCH
- Open Dashboard, click Application Links on the navigation panel, and then click Bill WIP under Billing & Invoicing.
- Select the Clients, Client Billing Groups, or Projects tab.
- Next to a grid item that has Yes in the Billing Fee Agreement column, select Actions > Fee Agreement.
- Select the billing fee agreement from the list and click Create.
- Edit the invoice, if necessary. See Editing Invoices for more information.
- Click Preview to view the invoice. If you need to make changes, click Edit Invoice or Billing Decisions to update the invoice content.
- Post the invoice.
- Print the invoice.
If there is an activity assigned to a billing fee agreement, the program will automatically select WIP based on the assigned activity.