Nursery Management System: annualised invoicing

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You now have a choice of three calculations to use when invoicing families:

1. Actual charges: This is the current approach and the default one. The invoice will be based on the actual charges that fall within its date range
2. Fixed monthly fee: The cost of regular schedule bookings and charges will be replaced by a set fee that you choose. Extra bookings and ad hoc charges will be charged separately.
3. Annualised monthly fee: The cost of regular schedule bookings and charges are annualised based on the number of chargeable weeks and number of months to be invoiced. This is calculated by Tapestry. Extra bookings and ad hoc charges will be charged separately.

You can use any of the three types of calculations for each child in your setting, which gives you the flexibility you need.

See how to put it in action:

Invoices: Setting your invoice calculation method

Annualised invoicing is part of Tapestry’s multi-functional Nursery Management System, included in every subscription.