Firms have the ability to quickly generate, preview, and share invoices with clients to provide detailed information regarding how their fees were calculated. Visibility for individual invoices may be controlled per-client.
Invoices can be generated as separate PDFs for each account, or have each account invoice rolled into a single PDF for each household. This setting can be set per Billing Household or set as a firm default by AdvisorEngine Support if needed.
Generating Invoices for Clients
Prior to generating invoices, the billing period must be locked.
- Navigate to Run Business > Revenue.
- Click Actions > Generate Invoices.
- By default, all clients are notified that an invoice is posted to their client portal. To disable this notification, uncheck the Send Notification... toggle.
- Click PROCEED to generate invoices for all accounts. If you left the notifications enabled, all end-clients will be emailed a notice that they have a new invoice available in the Client Portal.
Note: If you have disabled the Documents section of the Client Portal either globally or for a particular Client, they will still receive an email that a new document is available, even though they will not be able to access it without the Documents section enabled.