The Flat Fee Productivity Report was designed to provide you with a breakdown of how much you have billed and collected for Flat Fee Services.
- Navigate to the Accounting section and click the Reports tab, then scroll down or select the Productivity Reports filter.
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Select the Flat Fee Productivity card to open the report.
- Hours worked - Include hours for all users who entered time for this Matter.
- Imputed Total - (Regular Hourly Rate multiplied by the Hours Worked) provides you with your “hourly rate” when you choose to bill on a Flat Fee Basis.
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Difference - Equals Flat fees billed minus Imputed Total. This is the difference between billing on a flat fee basis versus an hourly basis.
If the Difference is above your Hourly Rate, then you made more money billing on a Flat Fee basis, as opposed to Time-based Only.
If the number is below your Hourly Rate, then this means you would have made more money billing this Matter as a Time-Based Only.