Flat fee and interim bills for professional services firm

摘要

The present invention consists of an improved System and Method for generating Flat Fee Bills and Interim Bills to professional services client where the System will automatically assign a Flat Fee Amount to a Client's Matter, Task or Activity and then the final bill amount issued to the Client will not exceed the Flat Fee contractually agreed upon. The Flat Fee payment amount may be billed each time a Matter, Task or Activity is mentioned in a Client Bill. An Interim Bill also may be generated for a client at anytime in order to collect retainers and advance funds. The improved method and system is directed for use in professional services firms such as law, engineering, architecture, accounting and the like.