Hourly retainer with overage
Question
I charge a customer $1000 per month for 10 hours of work. If my work exceeds 10 hours, I charge $150 per hour for the additional time. How do I charge for that?
Answer
- Navigate to the Customer Menu and select a customer from the list.
- Select Service Items > Add Service Item.
- Select Hour Retainer from the Service Types list.
- Enter
1000.00
in the Retainer Amount field. - Enter
10
in the Retainer Hours field. - Enter
150.00
in the Overage Rate field. - Enter comments to display on invoices in Service Item Description. You can note a change in hours or rate.
- Select to save the Service Item.