Question

What makes for a good billing system? Why is a good billing system important in a family law firm?

Answer 1

Ans : Good billing system should ensure following things :

* Picking up an invoicing system :

Switching to an electronic invoicing system allows us to create and send bills electronically.

* Input customer information and standard billing amounts/items :

This should include custom name, email address, billing and mailing address, and preferred payment method.

* Establishing payment terms and policies :

It determines how and when the invoice will be paid.

* Invoice to be designed professionally :

A well designed invoice ensure the client that you are a professional. It should include logo, brand colour, clearly defined payment terms, contact information, invoice number and due date.

* Keeping good records :

Like tracking of payments, dues which have been paid and which are not.

* Always keep it professional and polite :

Should use please and thank you like words.

Reasons for importance of good billing system in a family law firm is as follows :

* manage clients expectations

* present simple, clear invoices

* use timekeeping effectively

* delegate non billable task

* avoid habitual write downs

* accepting multiple payments mechanisms.