Home > Other Features > Project Costing, Billing and Invoicing > Project Fees and Invoicing

Project Fees and Invoicing

Even on projects where you don't charge on a "time and materials" basis, 4c will calculate a possible value figure, based on the resources allocated and their standard charge rates. 

You can use the possible value figure as the basis for calculating your fees.  For example, on a project 4c calculates a possible value of just over £22.5k:

On this basis, you might then agree a fee of £25k with the customer:

The fee amount can be linked to one or more tasks (milestones) in the project, to allow for stage payments.  When a linked task is completed, the associated fee is booked, making it available for invoicing.

Fees and tasks can be linked to specific customer orders.

Go Back

Sign up NOW to download our articles or run any of our on-line demos:

See A Bird's Eye View for discussions on how software can help

project, programme and resource managers work more effectively

All graphics (except third-party logos & screenshots) were designed & executed by Natalie Catchpole.