February 13th, 2012
In business, we sometimes offer different payment terms to different clients. Keeping a new client on a short leash with “net” payment terms is sometimes the way to go. While other, long-term clients, earn the privelage of extended payment terms such as “net 30″.
The Bee now offers a way for you to select payment terms on a client by client basis. We have added a payment terms field to the client profile page. If you enter payment terms in this field, the terms will be placed on any new invoices you create for this client. If the terms field is left blank in the client profile, the Bee will continue to default the pament terms on new invoices to the last entry made on an invoice.
February 13th, 2012
To help our customers better manage their growing businesses, the Bee now supports a more granular approach to “permissions” for team members. We’ve started by attacking the most critical areas based upon your feedback.
Now, Bee admins may restrict a team member’s access for Expenses and Time Entries, to allow the team member to only see their data. Meaning, the time associated with that team member, and the expenses that the team member has entered.
These permissions are still found and maintained in Setup / Team.
July 25th, 2011
The Bee’s new Invoice Detail Report is the swiss army knife of reports! Here are just some of the things this report can do for you:
* Show how much business (revenue/sales) you have done with client “X” over the past 90 days.
* Show the detail of all unpaid invoices.
* Show all the invoices with service / item “Y” for the past 6 months.
* Show the invoice detail for a specific category of service / items.
* Export the detail to a spreadsheet for further analysis.
July 18th, 2011
The Bee was built to serve the invoicing and bookkeeping needs of service businesses and freelancers. However, its common for a service business to also sell some tangible items from time to time (ex. hardware, supplies). Here are some tips on how best to handle product sales in the Bee.
* Invoice your clients for products you sell by setting up “items” in the Bee.
* From Setup, add a new Books account, “Cost of Sales”.
* At the end of the month, make a Books General Journal entry to record what you paid for the items you sold.
* Print a Profit and Loss report to show your profitability and the effect of Cost of Sales.