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🟢 Retainer

What Is A Retainer Invoice?

  • No code required.
  • Retainer invoices are documents the firm can provide to the client to ask for funds prior to the project starting.
  • It's a method of securing services for use when required. In other words, it's a form of deposit or pre-payment made by a client to secure services for a future project or period.
  • It ensures commitment and availability of services..

Retainer Invoice Creation

  • In the retainer creation process, administrators gain the convenience of selecting customers, while customers are empowered to personalize their experience.
  • Customers can independently choose products or projects, and have the freedom to adjust prices, quantities, text, and even access exclusive discounts.
  • This ensures a tailored and collaborative approach that perfectly suits individual preferences and needs.

Retainer In Accounting

  • The term “retainer” in accounting means the client pays a part or all of the services as an advance.
  • If, in case, the retainer is “pay for access,” it means the business or service provider must provide services to the client regularly for a set number of hours every month.
  • Also, the retainer payment must be paid immediately after the agreement is signed.


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