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Home > Other Features > Project Costing, Billing and Invoicing > Project Fees and Invoicing

 

Project Fees and Invoicing

 

Even on projects where you don't charge on a "time and materials" basis, 4c will calculate a possible value figure, based on the resources allocated and their standard charge rates. 

You can use the possible value figure as the basis for calculating your fees.  For example, on a project 4c calculates a possible value of just over 22.5k:

Estimated total costs and possible revenue

On this basis, you might then agree a fee of 25k with the customer:

Fixed fees linked to project milestones for stage payments

The fee amount can be linked to one or more tasks (milestones) in the project, to allow for stage payments.  When a linked task is completed, the associated fee is booked, making it available for invoicing.

Fees and tasks can be linked to specific customer orders.

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Project fees and invoicing