03Contract billing

Bill the contract

Keep fixed fees, hourly fees and retainers on one project. Prepare invoices from that work, including supplier costs, and send them to Xero, QuickBooks Online or MYOB.

Riverside Residences

Stage fee model

StagePlanned costFeeMargin

Concept

Fixed fee

$30k20%

Design development

Fixed fee

$45k42%

Documentation

Mixed fees

$75k25%

Architectural package

Hourly, capped

$55k

Façade consultant scope

Fixed fee

$20k

Forward revenueNext 6 months

$14k

Oct

$16k

Nov

$18k

Dec

$20k

Jan

$18k

Feb

$16k

Mar

Project fee

$150k

Planned margin

29%

Forward revenue

$102k

Fee modelling

Model the fee you signed, not the one software expects.

Invoicing

Turn the project you modelled into the invoice you send.

Expenses & supplier costs

Keep supplier costs attached to the plan.

Accounting sync

Keep project work in Monument and accounting in Xero, QuickBooks Online or MYOB.

Bill the contract

Pick one live project and we will walk through it together in Monument.