The billing beta is finally live! You will now see the "Billing" tab in your left navigation bar.
Even though you can view and create invoices in Financial Cents, you must set up online payments to get full access to the billing beta.
We have decided to limit the beta to the first 50 firms to set up online payments, so be sure to do it quickly! You can follow this guide to get started.
I've included more information on the billing beta below.
Features
The private billing launch will include the following features:
Ability to create one-off & recurring invoice
Sync invoices and payments with QBO
ACH & credit card payment options
Saved payment methods
Automatic payments & authorized payments
Automated client reminders
Over the next few months, we will be adding the following features:
Invoicing off billable time
Proposals & EL’s
Ability to lock time entries once invoiced
Ability to pass CC fees on to clients
Ability to lock deliverables behind a paywall
WIP Report
AR Report
Billing Overview
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