Fixed Fee Billing

Overview

In Actionstep there are 2 billing bases: Hourly and Fixed fee. While hourly billing looks at time/fees entered to calculate the billing total, fixed fee allows a set amount to be billed.

 

Setting a matter to fixed fee

Matters are set to Fixed Fee by choosing the Fixed Fee arrangement in Matter Billing Options. Matter Billing Options are located within a matter > Billing (icon) > Matter billing options. 

In matter billing options, set the Arrangement to Fixed Fee and Enter a quoted amount. Save.

Now the Bill Now button displays the quoted amount.

Regardless of fees and expenses, the matter will be billed at the quoted amount each time the matter is billed. The matter will keep this setting whether billed in the matter or the mass billing screen.

Fixed Fees Schedule

Each matter you set for a fixed fee can be put on a rotational basis meaning that once you bill one fixed fee the bill now button will go back to $0.00 until you want to bill another fixed fee amount.

Here you can set a date and if you want to bill on a certain step or not. Again this will allow you to bill a certain amount either on a date even a step.

 

Flat fee entries

Another way to bill a specific amount is to create fixed fee time entries. 

To set this up, see Rate Labels