Default Billing Method – Admin
Setting up a default billing method allows you to charge a standard rate for all bills issued by your organisation through Thread.
You can choose to set up the default billing method as:
Rate per category – default rate per category, i.e., €300 for wills.
Rate by matter owner – everything in the matter will be charged at the matter owner's rate.
Rate by author – everything in the matter will be charged at the user’s rate.
Fixed fee – no hourly rate will be applied.
When working on matters, you can also apply an individual matter and item rate that overrides the default rate as needed. Setting Up a Billing Method
1. Click Settings
In the bottom left corner of your Thread.
2. Select the Time & Billing drop down, then Billing General.
3. Under Billing Defaults, click the drop down arrow to select the Billing Method you want to apply.
4. Click Save.
Please ensure that your default time type for your time records is also set as billable. Turning on Default Billable Time
To ensure that your billable time type is set as default:
1. Select the settings tab
on the bottom left of your menu.
2. Select Time & Billing and then Time Type.
3. Select a billable time type that you wish to set as default and click Edit in the top grey pane.
4. A pop-up window will appear. Toggle the Default box to Yes and click Save.
For more information, see also Time Type - Admin and Billing - OverviewRelated Articles
Time & Billing Settings – Admin
Our Admin Centre is accessed by clicking the settings icon on the bottom left of your menu and contains all your firm settings and configurations relating to Thread, including general settings, matter settings, system configurations, team management, ...Tax Rate - Admin
Thread can automatically apply Tax to bills generated on the application. Ensure that Tax is at the correct value and added to each bill by configuring it in admin settings. Adding a Tax Rate Easily add a Tax rate for your firm and set it as the ...Tax Rate Not Appearing on Bills or Invoices
If Tax is not being applied to invoices and bills generated through Thread, ensure that you have a default Tax rate configured in Admin Settings. 1. Select the settings tab on the bottom left of your menu. 2. Select General, then Tax Rate. 3. To ...Bills Report
The Bills Report of all issued or unissued bills can be viewed based on the primary client or company on a matter, within a particular date range. You can then print this report directly from Thread if needed. Viewing and Exporting Bills Report 1. ...Billing - Overview
With Thread, you can easily generate bills / invoices to clients for the time you have logged on matter documents, emails, calls, etc., or using a fixed fee for a matter (see issuing fixed fee bills). Use customised bill templates or sample templates ...