The following information provides details on options available on the Client-Billing tab.
Terms/Currency
Payment Term:
You can set the payment term for the client by selecting the term from the drop-down list. The available options are Net 30, Net 45, Net 60 and Net 90.
Currency:
Web Suite supports multi-currency for invoicing the clients. Select the desired currency that you want to use for invoicing the client.
Schedules
You can assign schedules to the client here.
Service Fee Schedule:
Select the Service Fee Schedule that you want to assign to the client from the drop-down list. You can also open the Service Fee Schedule screen by clicking on the link.
Expense Fee Schedule:
Select the Expense Fee Schedule that you want to assign to the client from the drop-down list. You can also open the Expense Fee Schedule screen by clicking on the link.
Taxes
Main Service Tax:
A tax applied to the labor amount on invoices. If you want to apply service tax to this client's projects, enter the tax percentage here. The Main Service Tax from the Company screen will be brought forward if it exists. It can be removed or edited here at any time. The client's Main Service Tax will be brought forward in the project record when the project is created. The labels for these fields can be set in Custom Labels for the company. Those labels get reflected here.
Main Expense Tax:
A tax applied to the expense amount on invoices. If you want to apply expense tax to the invoices for this client's projects, enter the tax percentage here. The Company's Main Expense Tax will be brought forward if it exists. It can be removed or edited here at any time. The client's Main Expense Tax will be brought in the project record when the project is created.
Exempt Item Taxes:
Select this Check box to specify that all the projects of this particular client are tax-exempt. If selected, it entails that Tax 1, Tax 2 and Tax 3 values will not be applied to such projects.
MET to Exclude Expense Tax:
Select this check box to exempt the Main Expense Tax on expenses for all the projects belonging to a specific client. It is not applied to expenses when expense entry is recorded for any of these projects.
We recommend that you select the tax exempt in the Project screen
and not in the client screen, unless you are sure that ALL projects of
this client have to be tax exempt.
MST to Exclude Service Tax:
Select this check box to exempt the Main Service Tax on services for all the projects belonging to a specific client. It is not applied to services when time is recorded for any of these projects.
Invoice Settings
Send Invoices Via Email: When selected, Web Suite sends all client invoices as Portable Document Format (PDF) document attachments to the email address in the profile.
Default to Joint Invoice:
When selected, the client's projects will automatically have a single joint invoice for all projects. This option results in the insertion of the same value in the Joint Inv # column of Billing Review. A joint invoice is an invoice that contains multiple projects and phases belonging to same client.