Flat Fee Set-Up

SOLVED

How do you set up a bill for flat fee arrangement where you are only charging a client $3,000.00 for everything you do in the case but the attorney wants his hours put in the bill to get credit for his hours worked on the file?  I would like it so that when I received the payment and I print the bill it zero's out the account. Any input would be greatly appreciated.

Thanks

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  • 0
    verified answer

    Open the Client Information, go to the Bill Arrangement 1 tab.  Set up an Absolute Flat fee for the fees, and (VERY IMPORTANT - because it is NOT the default) set the duration to Job.  This will charge the client a one time fee of $3,000 on the first bill.  How much time the attorney enters will not affect the price, but will show on the bill if you usually show time entries.

    Hope this helps.  

    If you think this suggestion was especially helpful, please consider rating it within the five star option, or clicking the green Yes button next to the "Did this answer your question?" option below.  Thanks.

    Nancy Duhon, Esq.

    Master Certified Consultant for Timeslips,Certified Consultant for Amicus Attorney and Credenza

    Duhon Technology Solutions, LLC

    a member of Certified Resources Network, LLC

    [email protected]

    404-325-9779

    Providing personalized local and remote online support for Timeslips users for over 20 years. Available for private consultations, including older/unsupported versions.

  • 0 in reply to Nancy Duhon

    I have done what you suggested thank you.  When I generate a bill, the time entries default to zero then it shows the payments of $3,000.00 but it is showing balance due as a credit of $3,000.00.  How do I zero this out?

  • 0 in reply to bbonanni

    The time entries should not default to zero.  You are seeing the credit because you have the payment, but no charges to pay.

    You need to get Timeslips to charge the $3,000.00

    Not sure what is up from the post.  Might have to have one of us remote in and look at it for you.

    Hope this helps.  

    If you think this suggestion was especially helpful, please consider rating it within the five star option, or clicking the green Yes button next to the "Did this answer your question?" option below.  Thanks.

    Nancy Duhon, Esq.

    Master Certified Consultant for Timeslips,Certified Consultant for Amicus Attorney and Credenza

    Duhon Technology Solutions, LLC

    a member of Certified Resources Network, LLC

    [email protected]

    404-325-9779

    Providing personalized local and remote online support for Timeslips users for over 20 years. Available for private consultations, including older/unsupported versions.  

  • 0 in reply to Nancy Duhon

    What bill/layout form should I use for the flat fee described above?

  • 0 in reply to bbonanni

    The layout is immaterial. You can use any that you like.

    Hope this helps.  

    If you think this suggestion was especially helpful, please consider rating it within the five star option, or clicking the green Yes button next to the "Did this answer your question?" option below.  Thanks.

    Nancy Duhon, Esq.

    Master Certified Consultant for Timeslips,Certified Consultant for Amicus Attorney and Credenza

    Duhon Technology Solutions, LLC

    a member of Certified Resources Network, LLC

    [email protected]

    404-325-9779

    Providing personalized local and remote online support for Timeslips users for over 20 years. Available for private consultations, including older/unsupported versions.

  • 0 in reply to bbonanni

    Just reread this part this morning and I think I know why you are not seeing the $3,000 charge.  When I gave you the instructions for setting it up, I only said "Set up an Absolute Flat fee for the fees..."  To be more specific, you need to put the $3000.00 in as the amount of the Absolute Flat Fee, that is what will make it charge.

    Hope this helps.  

    If you think this suggestion was especially helpful, please consider rating it within the five star option, or clicking the green Yes button next to the "Did this answer your question?" option below.  Thanks.

    Nancy Duhon, Esq.

    Master Certified Consultant for Timeslips,Certified Consultant for Amicus Attorney and Credenza

    Duhon Technology Solutions, LLC

    a member of Certified Resources Network, LLC

    [email protected]

    404-325-9779

    Providing personalized local and remote online support for Timeslips users for over 20 years. Available for private consultations, including older/unsupported versions.

Reply
  • 0 in reply to bbonanni

    Just reread this part this morning and I think I know why you are not seeing the $3,000 charge.  When I gave you the instructions for setting it up, I only said "Set up an Absolute Flat fee for the fees..."  To be more specific, you need to put the $3000.00 in as the amount of the Absolute Flat Fee, that is what will make it charge.

    Hope this helps.  

    If you think this suggestion was especially helpful, please consider rating it within the five star option, or clicking the green Yes button next to the "Did this answer your question?" option below.  Thanks.

    Nancy Duhon, Esq.

    Master Certified Consultant for Timeslips,Certified Consultant for Amicus Attorney and Credenza

    Duhon Technology Solutions, LLC

    a member of Certified Resources Network, LLC

    [email protected]

    404-325-9779

    Providing personalized local and remote online support for Timeslips users for over 20 years. Available for private consultations, including older/unsupported versions.

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