Pre-Pay
3 guides
Deferred Revenue for Pre-Pay
This article provides a comprehensive guide on how to set up and manage deferred revenue for pre-paid projects using Halo's billing system. It details the process of enabling deferred revenue, setting up projects and contracts, invoicing for these projects, and recognizing revenue as work is completed. Deferred revenue allows businesses to take payment upfront while deferring revenue recognition until the work is performed, maintaining accurate financial records. The article also highlights how to manage deferred revenue for down payments.
Pre-Pay
This guide provides instructions for setting up and managing Pre-Pay options for customers. It covers how to allocate Pre-Pay hours or amounts, manage recurring payments, top-ups, and billing recalculations. Users can manually adjust Pre-Pay hours and handle billing discrepancies. The guide also explains how to use Pre-Pay as a monetary amount instead of hours, and details the adjustment of Pre-Pay hours for actions combining billable and non-billable time. Expiry management and how to adjust pre-pay records are also included.
Pre-Pay V2