How does Advanced Discounting Work?

Advanced discounting let's you decide whether to discount all fees or if you want to group a certain group of fees on an invoice.

Advanced Discounting is a feature that is only available on the Expert Plan.

This feature gives you the ability to discount fees either by a particular fee earner or by a particular deliverable.

If your firm is subscribed to the expert plan, your discounting tab within the invoice window will include the below dropdown box:

If you change the Apply to dropdown to Selected Fee Earners, the tab will give you an additional row where you are able to select the relevant fee earner, whether it is a discount or an increase, the discount type and the amount. 

Click on the green plus button allows you to enter as many as you would like.

For example, if you have 6 fee earners on an invoice and for 3 of those fee earners you will be applying a discount to their rates, then you can add an additional two discount lines by clicking the green + button and choosing a different fee earner from the dropdown each time.

Once done, these discounts will be visible as separate line items on the invoice that gets created.

Selecting deliverables as the apply to option gives you the same flexibility as above, however in this case the discounts will be grouped by deliverables.

The benefit of using advanced discounting is that it makes the reporting much more precise. For example, if you are a firm that provides financial incentives for partners based on their earnings, being able to discount only particular fee earner's time on an invoice will mean that the reporting will only show less billable time for that fee earner, not all fee earners associated with that invoice. Therefore, when it comes time to calculate the incentives owing, the reports will be precise leaving less room for disagreement.