You may record retainer payment to either a client or a project. Record your retainers at the client level if you wish to apply a retainer over multiple projects. Otherwise, you can enter a retainer at the project level if it is for one project only. This depends on the selection you make in the Payment screen. Follow the steps below to record a retainer in BillQuick:
1. Open the Payment screen; select View By: Client or Project mode. Select the ID you want to record the retainer against.
2. Enter the amount for your retainer in the ‘Amount’ field.
2. Enter the amount for your retainer in the ‘Amount’ field.
3. Select the type of payment you would like to record; enter any memos or reference information and check the ‘Apply as Retainer’ box.
4. Click 'Save’ to record your retainer.
You can check out all the retainer invoice and payment amounts on the Payment tab of the Retainer Management (previously Retainer History) screen.
You can check out all the retainer invoice and payment amounts on the Payment tab of the Retainer Management (previously Retainer History) screen.