About this example
This example is the monthly invoice a management consulting firm sends a medical device manufacturer during a five-month operations improvement engagement. It bills October's hours for a partner, a senior consultant and an analyst at their hourly rates, plus mileage, parking and a data licence passed through at cost.
Clients approve consulting invoices faster when they can check every hour, so this one is built for checking. The first page gives the amount due, due date, purchase order and bank details. The charges page shows each person's hours and rate with a chart of hours by week, and the next pages carry a daily timesheet for each consultant with the work done and the totals. An expenses page lists each receipt, and the budget status shows billed fees against the engagement cap. A short summary of the month's work and results, the team and their rates, and clear payment terms with late-payment interest complete it.
Who it is for
Consultants, agencies, lawyers, accountants and other professionals who bill by the hour and attach timesheets to their invoices.