Invoices that write themselves from the work.

What goes into a Korrit invoice?

An invoice starts from work that is already in Korrit. Approved billable hours for the billing period are pulled in by project and phase, and expenses matched to the project come in as reimbursables. You review the draft, adjust what needs adjusting, and send it. There is no end-of-month hunt through timesheets and card statements to work out what can be billed.

How does phase-based billing work in Korrit?

Fees are set per phase when the proposal is agreed, and those phase fees stay attached to the project. When it is time to bill, you invoice against them: a fixed fee for a completed phase, a portion of a phase that is underway, or hourly work for phases billed on time. A single invoice can combine these with reimbursables, which matches how many architecture agreements are actually written.

What is percent-complete billing?

Percent-complete billing is common in AIA-style fee structures. Each phase has a fee, and each billing period the firm bills the share of that fee earned so far, less what has already been billed. If design development carries a $40,000 fee and is 60% complete, the firm has earned $24,000 on that phase, and the invoice covers whatever part of that has not been invoiced yet.

Korrit keeps the phase fees and progress on the project record, so a percent-complete invoice starts from numbers the team is already maintaining instead of a separate billing spreadsheet.

Does Korrit invoicing sync with QuickBooks?

Yes. If your firm already keeps its books in QuickBooks, invoices and payments sync over, so your accountant keeps working in the ledger they know. Firms that do not need a separate ledger can manage operational finance directly in Korrit.

How do I keep track of overdue invoices?

Outstanding and overdue invoices sit on the finance overview next to cash, so what clients owe is visible alongside what is in the bank. Principals can see which invoices need a follow-up without opening a separate report.