Billing & Time Tracking
The Billing section in AtlasOS supports the fee models commonly used by financial advisory practices — retainer-based billing, hourly advisory fees, and AUM-linked fee structures.
Fee Structures for Advisory Practices
Financial advisory firms typically use one or more of the following fee models:
Retainer Billing
A recurring monthly or quarterly fee for ongoing advisory services. Configure retainers per client:
- Open the client entity and navigate to the Billing tab
- Set up a recurring invoice with the retainer amount and billing cycle
- AtlasOS generates invoices automatically on the defined schedule
- Track retainer utilisation against actual hours worked
Hourly Advisory Fees
Bill clients based on actual time spent in advisory sessions, research, and administration:
- Record time entries against the client from the time tracking module
- Set hourly rates per adviser or per client agreement
- Generate invoices from accumulated time entries on a periodic basis
Ad-Hoc Consultation Fees
For once-off advisory sessions or specific project work (e.g. estate planning, retirement modelling), invoice on completion:
- Record time or create a fixed-fee line item
- Generate an invoice linked to the specific advisory engagement
- Send via the Client Portal or as a PDF
Time Tracking for Advisory Sessions
Record time against client advisory sessions:
- Start a timer from the client detail view or from any linked task
- Alternatively, log time manually from Billing > Time Entries
- Each entry captures: client, date, duration, activity type, narrative, and adviser
- Mark entries as billable or non-billable
Time entries feed directly into invoicing and utilisation reporting.
Invoice Generation
Generate invoices from the billing section:
- Navigate to the client and open the Billing tab
- Select unbilled time entries, retainer amounts, or ad-hoc items
- Click Generate Invoice
- Review line items, apply any adjustments or discounts
- Finalise and send to the client via the portal or as a PDF
Invoices include the client reference, period covered, itemised services, and total amount due.
Financial Reporting
Access billing reports from Billing > Reports:
- Revenue summary — total billed and collected by period
- Outstanding invoices — aged debtor analysis
- Retainer utilisation — hours worked vs retainer value per client
- WIP summary — unbilled time and disbursements across all clients
- Adviser performance — billable hours and revenue per team member