Manage your deposit through Clarc Invoice

We are excited to introduce a powerful new feature that streamlines the process of designating an item on your invoice as an initial deposit. This capability is a natural progression of our recent product update,which was centered on optimizing the management of both billable and non-billable hours. For a more in-depth understanding of our time management features, we invite you to explore our previous blog on Billable and Non-billable hours.

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Here's a comprehensive overview of how these feature operates:

When creating an invoice, you can now easily designate an item as a deposit by clicking on the small icon situated on the left-hand side.This icon will dynamically change its appearance, adopting a distinct yellow hue once the deposit designation process is complete.

Subsequently, any time entries logged by your team for this specific project phase will automatically associate with the designated deposit item. This association persists until the cumulative cost of these time entries matches the total amount specified on the invoice.

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To ensure the integrity of this association, time entries assigned to the deposit item will become locked at the conclusion of each week or month, safeguarding their linkage to the invoice item. You still retain the flexibility to make necessary modifications to these entries before they undergo the locking process.

Once these time entries are linked, accessing entry details is a breeze. You can simply click on the clock icon that corresponds to the linked item, providing you with a comprehensive overview of the associated timeentries. This feature is designed to enhance transparency and efficiency in managing your deposit and project-related time entries within Clarc Invoice.

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