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Save Time & Money with FC Billing
Save Time & Money with FC Billing

Everything you need to know about the new billing module

Shahram Zarshenas avatar
Written by Shahram Zarshenas
Updated this week

Currently, billing is only available for US firms

Billing Overview

Features

Right now, billing includes the following features:

  • Ability to create one-off & recurring invoice

  • Sync invoices and payments with QuickBooks Online

  • ACH & credit card payment options

  • Saved payment methods

  • Automatic payments & authorized payments

  • Automated client reminders

  • Proposals & Engagement Letters (learn more)

Over the next few months, we will be adding the following features:

  • Invoicing off billable time (WIP)

  • Ability to pass CC fees on to clients

  • Ability to lock time entries once invoiced

  • Ability to lock deliverables behind a paywall

  • AR Report

  • Client utilization report

  • Staff utilization report

  • Project utilization report

Pricing

There will be no additional subscription cost for all billing & proposal features. They will be available in every subscription plan (Solo, Team, and Scale).

You only have to pay the standard processing fee for successful card transactions.

  • Credit & Debit Cards: 2.9% + 30 cents

  • ACH: 1% capped at $5.00

We will soon allow you to pass these fees on to your clients if you choose to do so.

Payout Schedule

We have optimized for quick payouts to ensure strong cash flow. Below is the typical payout schedule:

  • Credit & Debit Cards: Next business day

  • ACH: 4 business days

Daily cut-off times

  • Card: 11 pm EST

  • ACH: 9 pm EST

For example, a card payment entered at 11:30 p.m. EST on Monday will be deposited on Wednesday in your account because it was made after the cut-off time.

How to set up billing

Follow the steps in this article to set up billing.

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