What are Price Types?

Price Types define how a service is priced - either as a fixed fee or a variable price.

You can have multiple different services that all have different price types on the same proposal.

Price Types include:

  • Fixed = A fixed fee or an exact amount

  • Unit price = A variable amount based off of a unit (i.e. per Hour, Employee, Day, Transaction...etc). You can also create your own Unit label as well.

  • Minimum price = A variable amount based off of a minimum value, but can be more once the final bill comes.

  • Price Range = A variable amount based off of a minimum and maximum range.

  • Included = Included on the proposal at no price (will not display a price)

Variable Price Types

A Variable price type requires confirmation by you before it is billed.

For example for a service priced per hour, you will need to confirm of the number of hours to bill.

The expectation is that the amount the client sees on the proposal can vary from the bill they receive.

Here are the variable price types available to use:

  • Unit price - e.g. $25 per employee

  • Minimum price - e.g. from $200

  • Price range - e.g. $100-$200

Custom unit based price

If you would like to create your own unit based price, simply start typing in the custom name within the unit dropdown menu, press enter and it will be created!

Fixed Price Type

A Fixed price is a pre-determined amount. The expectation is that the amount the client sees on the proposal will be the amount they are later charged.

You can choose if a Fixed price service will be automatically billed (the default setting) or not by selecting the Billing Mode - see section below.

Unlike a variable service, Ignition does not require further information to bill this service since it was pre-determined.

Billing Modes

When you choose Fixed price type for a service, you will have the option to set the Billing Mode to either bill automatically (default), or manually.

Automatic means that the system will bill for this service as soon as it meets the billing rule requirements that you have applied. No further action is required from you.

If you set the Billing Mode to Manual, it means that you are telling the system you'd like to manually confirm these yourself before an invoice is generated, in case you need to adjust the final amount or bill on a different date.

Note that Ignition will still create the invoices in your connected ledger for you!

You may want to consider setting a variable service price if you are unsure of the amount you will charge the client to make sure expectations are set appropriately.

Please note: All Variable price types will have the Billing Mode set to Manual by definition and this cannot be changed. This is because you'll always need to confirm the final quantity or price before billing the client for a variable priced service.

If you are looking for guidance on building a proposal, please click here!

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