Update labour expenses on an invoice
With advaise.app, you have the flexibility to manually update bookings on an invoice. This feature enables you to make adjustments as needed to ensure your invoices accurately reflect the agreed-upon terms. This may be due to adjustments to a disputed invoice or agreed changes with the client.
Here's how to update booking details:
Open the relevant invoice, navigate to the details tab, then open the bookings section.
Select the booking to be adjusted and make updates to the fields as follows:
- Staff Name: Modify the staff name if necessary to better describe who completed the work.
- Role: Modify the role name if necessary to better describe the role of the person who completed the work.
- Hours and Minutes: Change the number of hours and/or minutes. This only updates the hours and/or minutes listed on the invoice and does not automatically update the amount being invoiced.
- Value: Change the value of the booking, ensuring it aligns with the agreed-upon amount. You will need to manually calculate and enter the amount, this is not automatically updated when the hours and minutes are updated. advaise.app will automatically calculate the hourly rate by dividing the update value by the updated number of hours and minutes. This is displayed on the invoice.
- Sales Tax Rate: Adjust the sales tax rate as required to meet tax regulations or client-specific terms.
- Description: Edit the description to provide more context or clarity regarding the booking or why it was updated. The description is for internal purpose only and does not appear on the invoice document.
Adjustments will only affect the invoiced amount. There is no adjustment to the cost of this booking on the engagement.
By offering the ability to manually update booking details on an invoice, advaise.app empowers you to maintain accuracy and transparency in your billing process. This flexibility ensures that your clients receive invoices that align precisely with the terms of your professional services engagement.