What is the Flat Fee Productivity Report?
The Flat Fee Productivity Report was designed to provide you with a breakdown of how much you have billed and collected for Flat Fee Services.
The hours worked will include any users’ who entered time for this Matter.
The imputed Total (Regular hourly rate multipled by the Hours Worked) provides you with your “hourly rate” when you choose to bill on a Flat Fee Basis.
The Difference equals Flat fees Billed minus Imputed Total. This is the difference between billing on a flat fee basis versus an hourly basis.
If this number is above your hourly rate, then this means you made more money billing on a flat fee basis, as opposed to time based only.
If this number is below your hourly rate, then this means you would have made more money billing this matter as a Time Based Only matter.
How Can I See What Fee's Were Collected?
You can pull a report which shows a full list of all professional fees and expenses that have been collected for a specific Matter or Zola Suite User. To access this report, visit the Accounting section, and select the Reports Tab. The Fee Allocation ...
How Do I Invoice Hard and Soft Costs For a Flat Fee Matter?
In general invoices for a flat fee matter will come from a blank invoice with a service for the flat fee. However, if you are looking to also add soft and hard cost expenses to the invoice as well you will need to create the invoice from unbilled ...
How Do I Bill Flat Fees?
You can bill flat fees by creating a Blank Invoice: From the Accounting section, click the + button on the green bar and select New Invoice From Scratch. Now you can select that Matter you would like to create the invoice for. Now you will be able ...
What is a Timekeeper Productivity Report?
The Timekeeper Productivity Report is where you will be able to review all of the billable hours and realization rates organized by the timekeeper. Within this report, you will have the ability to utilize all of the filters you see below. Below are ...
Can I Track Time For a Flat Fee Matter?
When a Matter is set to "Not Billable" "Contingency Fee Based" or "Flat Fee Based" all Time Entries will automatically be saved as No Charge Don't Show. This will allow you to track the time for your own records, however, it will not show up on any ...
Experiencing degraded performance in Zola Suite?