Edition: Professional, Business, Enterprise
User-level: Assistant Project Manager and higher
There are 5 fee types available in Synergy. Projects aren't limited to one fee type, each stage in a project can have its own. This flexibility ensures you can set projects up and invoice correctly.
Fixed Fee: Set the agreed total fee per stage to be invoiced to the client.
Percent of Contract: Calculate the stage fee as a percentage of the overall contract value.
Hourly Rates: Invoice the client based on staff timesheets and project-related expenses entered against this stage.
Capped Rates: Set a maximum billable amount, capping the value for timesheet and expense transactions that can invoiced for this stage.
No Billing: Any timesheets or expenses entered against this stage are written off and cannot be invoiced.