I currently invoice clients once the work is complete, but I am looking to implement a monthly billing system instead, and looking for some advice.
What do you do for clients that sign up part way through the year? Do you bill for the 6 months that have already passed at the beginning and then monthly from then on?
If a client doesn't pay their monthly bills, do you refuse to do any work until they have caught up?
If a client moves accountant part way through the year do you refund any amounts that haven't been used. eg. you only prepare year end accounts for them but they leave 6 months in to the year and so you haven't prepared the accounts but they have paid for 6 months?
Do you do monthly billing for all clients including the small personal tax returns?
Thanks in advance for your responses.