Flat Fee Billing can be handled in two ways:
- By the creation of a “Normal invoice” with an expense for the flat fee amount, or
- By the creation of a “Payment Plan” for a fixed amount.
Under either option, you can define the destination account of the payments to the invoice or the payment plan invoices. This allows you to direct those funds either into the Business/Operating Account or a Trust Account.
Please see the video above for detailed instructions.