BillQuick Billing Tips and Tricks


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BillQuick Billing Tips and Tricks

  1. 1. BILLQUICK TIPS & TRICKSBILLING BQE Software, Inc. 2601 Airport Drive Suite 380 Torrance CA 90505 Support: (310) 602- 4030 Sales: (888) 245-5669 Fax: (310) 784-8482
  2. 2. Drag-and-Drop in Billing ReviewIf you have a client with multiple projects or phases, you may bill them on a joint invoice inBilling Review. Instead of tagging each billing record with a unique identifier, you can simplydrag a row and drop it over another. The row will turn green when you can join invoices andred when you cannot. As you check the Bill box to generate invoices, BillQuick assigns thesame invoice number to all of them. Billing just got easier and fun to do!
  3. 3. Change Invoice DatesDid you know that BillQuick allows you to change the date of an invoice in Billing Review? Infact, when you do, it prompts you to apply the date change to all the invoices displayed on thegrid. You just need to show the Invoice Date column using the Field Chooser and change it.
  4. 4. Calculations are AutomaticAre your billing sessions tedious? Are you frustrated with doing too many calculations? Here’s a tip: if you want toapply a discount to the billing record, simply enter a dollar amount; or enter a percent value with symbol (say20%) and let Billing Review figure out its dollar value.Similarly, in Expense Log, the Markup column typically accepts percentages. But if you enter a dollar value withsymbol (say $75), BillQuick will reverse calculate the percentage for you. No need for calculators!
  5. 5. Collection Letters Made EasyBillQuick has a great built-in system for expediting the collection process. You can run collection letters from the Reportsmenu>Company, which will open them in an editable mode in Microsoft Word. BillQuick auto-fills the mailing address,company name and amount owed (aging). No need to figure out your aging manually! Depending upon how long theinvoice has been outstanding, it figures out which template to use—first, second or final notice. All you do is print it andmail it!
  6. 6. Progress Billing Time & ExpensesSay you’re billing your clients when there are incomplete or missing time sheets associated with a project. What do youdo? Progress billing lets you reconcile your time or expenses later when the project is complete. However, if you run aWrite-Up/Write-Down report, it will either show no write-up/down or one that is far from reality. But BillQuick now allows youto associate unbilled time and expenses with existing and processed invoices as soon as they are approved. Simplyhighlight the time entries that you want to associate with an invoice and select Tools>Change screen. Choose the relevantinvoice from the dropdown and recalculate the WUD. You now get a realistic picture of the WUD!
  7. 7. Attach Files to Your InvoicesBillQuick gives you the ability to attach files to your invoices. In Invoice Review, select an invoice and right-click to attachnew files to it. If you already have attachments for time entries (e.g., job site photos), expenses (e.g., receipts) and vendorbills (e.g., hard copies of bills) on a certain project, you can even view and link those existing attachments to the invoice.When you email this invoice to the client, you may choose to send these attachments along with it. Similarly, upon printingthe invoice, you can choose to print the receipts along with it. Now that’s a big time-saver!
  8. 8. Set It and Forget It BillingFor hourly or fixed fee billing, instead of running reports and checking Billing Review every now and then, you can use thenew Auto Billing feature. In the Project screen, set an automatic billing schedule. Choose when to bill and whom to notifyabout it. You have the option to simply set the schedule for automatic processing and forget about it!Or, if you prefer, have it prompt you to process the automatically generated invoice. All you have to do is check the Bill boxand hit the Process button. Hassle-free billing done in no time!
  9. 9. Don’t Forget Your Retainer!Ever forget your client has given you a retainer? This usually happens while you are billing your client andthe Retainer column in Billing Review is hidden by default. To prevent that, click the Options button in BillingReview and select the Auto Apply Retainer option. Upon refreshing the screen, you will see that BillQuickapplies the available retainer to the invoice. You can also specify this in the Global Settings screen.
  10. 10. No Need to Reinvent the Bill You may be generating invoices in the Manual Invoice or Billing Review screen, but did you know that you can avoid this routine by right-clicking an invoice in Invoice Review and memorizing it for future use? The Memorize Invoice screen lets you specify the billing frequency and notification settings for it. Process it when prompted, or let BillQuick do the heavy lifting and have it processed automatically for you!
  11. 11. Change Default Templates On-the-FlyYou can change the default invoice template on-the-fly while generating or reviewing an invoice. This comes in handy if aclient calls and asks for the invoice to be re-issued in another format, or if they ask for the same invoice but with less ormore detail.All you have to do is click on the invoice icon to open the Invoice Selection screen and choose another template.However, this applies for the current session only. You can make the change permanent by specifying the desiredtemplate in the Global Settings or Project screen.
  12. 12. Auto Calculate Final BillIf you’re billing your clients a fixed or variable portion of the total contract amount over a number of months, youcan use the Bill Final feature in Billing Review at the end. Simply right-click on the billing record and select Bill Finalto auto calculate the last Net Bill amount.
  13. 13. Refund Client RetainersAre you in a fix because you don’t know how to handle unused retainers in BillQuick? Your project iscomplete and there is a retainer balance that you want to refund but aren’t quite sure how to do it. Simple. Inthe Payment screen, enter a negative retainer amount (say -$2000) and apply it as a retainer. It will cancelout the actual Retainer Available. Your company can now send a check for this unused retainer to the client.
  14. 14. Auto Apply PaymentsRecording payments couldn’t get any easier than this. In the Payment screen, you can enter the entirepayment amount or a portion of it manually in the ‘Amt Applied’ field on the grid against each invoice. Oryou can use the Auto Apply option to automatically apply the payments to the invoices in the ‘oldest tonewest’ order. Click Save and you’re done!