January 2023

What’s in this article?

New

Take billing and collections automation to the next level with the new Anchor & QuickBooks Online integration.

The Anchor & QuickBooks Online integration syncs your Anchor invoices directly to QuickBooks Online. No more manually downloading and uploading your invoices!

💡 At this stage, the integration is only available for vendors with more than 10 invoices monthly.

Here's how it works:

With Packages, you can now create service bundles for your clients to choose from, all within the proposal approval process. Clients can easily select their preferred package, enter payment information and approve, all in one place.

Creating a package is easy:

Check out the GIF below to see how it works:

Here’s what your client will see:

Start creating your packages now and offer your clients an even better service experience!

Improvement | UI Changes

Choose to bill a service immediately or add it to the next bill with a new "Bill service" button.

When you click on "Bill service", a new pop-up will appear allowing you to select between "Bill now" and "Add to bill" options.

This update is designed to make the billing process more clear and user-friendly.

New | Feature request

This feature was highly requested by our users, and we're excited to announce its release!

With 'Bill previous period', you can now bill for a previous period if you missed it for any reason. This allows you to ensure that you don't miss any payments and your clients are billed correctly.

Here’s how it works:

1. When you open the billing pop-up, you'll now see an option to bill for a previous period if any unbilled periods are available for the service.

2. Upon selecting a period, a pre-populated note will appear in the modal, letting your client know that this is a bill for a previous billing period. The note can be edited as you wish.

3. Upon clicking "Bill period", an invoice will be issued.

💡 Please note that you can only bill a client for up to three months in the past. So make sure to visit their Billing Hub on a regular basis to bill them.

Improvement | Feature request

You can now choose to bill your services on a weekly or Biweekly basis, in addition to the existing billing options. This allows for more flexibility in billing cycles, accommodating your clients’ needs.

Select Weekly or Biweekly under Billing cycle when creating a service:

Select your preferred day for billing in the Payment settings section:

💡 These services can be billed both manually and automatically and therefore benefit the ‘pause billing’ toggle that allows you to stop a service from being billed until activated through the billing hub. 👇🏼

New | Feature request

With Range Pricing, you can now set a minimum and maximum price for a service, ensuring that your clients are only charged what they expect. The maximum price serves as a cap, and if exceeded, the invoice will require client approval.

This allows you to bill for services without the need for constant client approval, while still providing transparency and flexibility in pricing.

It's easy to use, simply select the "Range Pricing" option when creating a service.

New | Improvement

You can now submit all of your tax forms (or other files) to your clients for review and approval, all in one place.

A new dedicated service was added to allow you to upload and send files, add the hours spent working on the documents, and even bill and receive payment for the service, all in one place.

Here’s how it works:

Make sure to use ‘On approval of delivery’ when you set the service’s billing and payment. 👇🏼

Once the agreement is approved, you’ll be able to upload any file for your client to approve.

New | Improvement

You and your clients can now access Anchor accounts easily with the ability to get a one-time code directly to inboxes.

To use it:

💡 It's important to note that if you send a direct link to a client, make sure to instruct them to click 'Get a one-time code' to enter the link directly. This will ensure a smooth and secure login process.

New | Feature request

Both clients and vendors have a new top bar on their sites, displaying their names and businesses.

We hope you enjoy these new features and that they make your billing and collections process even easier.

As always, if you have any questions or feedback, please reach out to us at [email protected]. 💜